CANADA'S GDP
Navigate the dashboard using the hamburger button or clicking on underlined titles. Data updated daily between 9 and 10 ET.
GDP | CANADA
ALL INDUSTRIES, CHAINED DOLLARS, YoY %
Data: Statistics Canada
INDUSTRIAL PRODUCTION | CAN
GDP, CHAINED DOLLARS, YoY %
Data: Statistics Canada
ENERGY | CAN
GDP, CHAINED DOLLARS, YoY %
Data: Statistics Canada
CONSTRUCTION | CAN
CHAINED DOLLARS, YoY %
Data: Calc made using Stats Can data
THE RELATIONSHIP WITH BANK CREDIT
GDP VS. TOTAL CREDIT OUTSTANDING
Data: Statistics Canada
GDP VS. CONSUMER CREDIT ADVANCED
Data: Statistics Canada
CANADA'S ECONOMIC OUTPUT PER WORKER
GDP PER WORKER
ALL INDUSTRIES, CHAINED DOLLARS, IN THOUSANDS CAD ($)
Data: Calc. using data from Statistics Canada
WHY IS GDP PER WORKER AT 2017 LEVELS?
While Canada's workforce has expanded each year, the total economic output this workforce emits hasn't meaningfully changed since 2017. This is largely due to increasingly unproductive lending practices in the banking system, where there is a concentration of lending to fund transactions which are not recorded in GDP or subtract from GDP (i.e., existing home purchases, used cars, imported goods and services, etc.). The consequence from this is widespread and manifests in relatively lower levels of productive business investment, higher trade deficits (as consumers and businesses bring in more goods and services than they export), lower standards of living, a weaker currency, among other things.
Canada must urgently reverse this trend within the Canadian banking system and find ways to significantly boost productive investment levels.
SHARE
CHAINED DOLLARS, IN MILLIONS CAD ($)
Data: Statistics Canada
SHARE
CHAINED DOLLARS, IN MILLIONS CAD ($)
Data: Statistics Canada
