Canada's Key Economic Indicators

Canada's Key Economic Indicators

Quarterly Population Estimate

41,548,787

April 1, 2025

0.0% (quarterly change)

Definition: Estimated number of people in a country, updated quarterly.

Implication: No population growth, affecting labour supply and consumer demand.

Consumer Price Index

1.9%

June 2025

(12-month change)

Definition: Measures average change in prices of consumer goods and services (inflation).

Implication: Low, positive inflation, generally healthy for the economy.

Unemployment Rate

6.9%

June 2025

-0.1 pts (monthly change)

Definition: Percentage of the total labour force unemployed but actively seeking work.

Implication: Significant portion unemployed, but a slight improvement in the labour market.

Real GDP by Expenditure

0.5%

First quarter 2025

(quarterly change)

Definition: Total value of goods and services produced, adjusted for inflation.

Implication: Modest positive economic growth, economy is expanding.

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