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Canada: Bigger, Not Richer

Cumulative change since the first quarter of 2022, %

Real GDP: 8.3% in Q2 2026the highest in data back to 2022+8.3 pp since Q1 2022

3 of 3 series are above their level a year earlier

Plays the chart through its history. Pauses are where the data set a record or moved most.

Canada’s economy has grown, but so has its population. When the two lines rise together, output per person stays flat.

What this chart reads

Sources

Canada Real GDP (Quarterly). Source: Statistics Canada, table 36-10-0104-01 (vector v62305752), "Gross domestic product, expenditure-based; Chained (2017) dollars; Seasonally adjusted at annual rates; Gross domestic product at market prices". Palanor pulls it from Statistics Canada's Web Data Service every day and rewrites recent periods so revisions carry through. Source: Statistics Canada. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada. Statistics Canada Open Licence.

Canada Population. Source: Statistics Canada, table 17-10-0009-01 (vector v1), "Population estimates, quarterly; Canada". Palanor pulls it from Statistics Canada's Web Data Service every day and rewrites recent periods so revisions carry through. Source: Statistics Canada. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada. Statistics Canada Open Licence.

Canada Real GDP per Person. Source: Statistics Canada, table 36-10-0104-01 and 17-10-0009-01 (vector v62305752), "Gross domestic product at market prices, chained (2017) dollars, seasonally adjusted at annual rates ÷ population estimates, quarterly". Palanor pulls it from Statistics Canada's Web Data Service every day and rewrites recent periods so revisions carry through. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product. Statistics Canada Open Licence.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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