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Main article: Canada's GDP
Accumulated inflation over 5 years in the G-20 countries at the end of 2024:
Argentina: 13,910%
Turkey: 734%
Russia: 46%
Brazil: 35%
India: 34%
Mexico: 31%
South Africa: 28%
Britain: 25%
Holland: 24%
US: 23%
Australia: 21%
Germany: 21%
Spain: 19%
Canada: 19%
Italy: 18%
Singapore: 17%
France: 15%
South Korea: 15%
Indonesia: 15%
Saudi Arabia: 13%
Japan: 9%
Switzerland: 6%
China: 6%
Inflation in Canada in August 2024 reached the target level of 2% for the first time since 2021.
Annual inflation in Canada in May 2022 accelerated to 7.7% from 6.8% in April, follows from the data of the country's statistical center. Thus, the figure became a record since January 1983, when annual inflation in Canada was 8.2%.
Consumer price inflation in Canada reached 4.8% in December 2021, the highest level since 1991.
Main article: National Bank of Canada
In August 2022, it was announced that Canada would issue a loan to Ukraine for almost $350 million for the purchase of fuel against the backdrop of a military special operation by Russia. After that, the total volume of loans provided by Ottawa to Ukraine will reach $1.5 billion. According to the Rada, the loan is designed for 10 years at 1.6%.
The "triangle" of South America and Mexico as of April 2022 accounts for 60% of the world's lithium deposits.
In April 2026, TAdviser produced an infographic showing the leading oil producing countries in 2025. This work is based on data from the US Energy Information Administration (EIA). In 2025, Canada ranked fourth in crude oil production with an average daily production of 4.94 million barrels. Read more here
Oil reserves in countries of the world (billion barrels), according to Bloomberg as of February 2025:
Venezuela: 303.8 Saudi Arabia: 258.6 Iran: 208.6 Canada: 170.3 Iraq: 145 Kuwait: 101.5 UAE: 97.8 Russia: 80 Libya: 48.3 UNITED STATES: 47.1 Nigeria: 36.8 Kazakhstan: 30 China: 26 Qatar: 25.2 Brazil: 12.7
Canada, where the world's third largest oil fields are located, plans to complete the expansion of the Trans Mountain pipeline in 2024 and increase transportation by an additional 600 thousand barrels per day - at the level of daily production in Azerbaijan.
Difficulties in drilling the tunnel can lead to a delay in the project until 2024. The project was postponed for many years, and its cost increased due to opposition from environmentalists and indigenous peoples.
Countries with the largest reserves of rare earths (in metric tons):
China: 44m Vietnam: 22m Brazil: 21m Russia: 19 million India: 6.9m Australia: 4.2m US: 2.3 million Canada: 830,000 Myanmar: 510,000 Mexico: 290 000
USGS, Mineral Raw Material Summaries, January 2025
At the end of 2024, Canada ranked 5th in natural gas production. This is stated in the World Visualized review, published on December 16, 2025. Read more here
In 2024, Canada ranked 4th in cobalt mining (4,500 tons). Such data are provided in the Investing News Network, which TAdviser got acquainted with at the end of November 2025. Read more here
November 2, 2022 Canada ordered three Chinese companies to cancel their investments in Canadian companies for the extraction of the most important useful minerals for reasons of national security.
The number of operating nuclear reactors in countries around the world according to Bloomberg as of February 2025:
At the end of 2025, Canada ranks 7th among the leading countries in electricity consumption with 646 TVt·ch. This is stated in the Visual Capitalist review, published on May 27, 2026. Read more here
At the end of 2025, Canada ranks 8th among the leading countries in terms of the number of patents with the number of applications submitted 36.8 thousand documents. This is evidenced by the data of the analytical review of the consulting company SBS, released on May 21, 2026. Read more here
In early December 2025 TAdviser , based on data from agricultural the Ministry's Foreign Information Service (agriculture USA USDA), he prepared an infographic showing a list of countries with the largest wheat production. Canada took the 6th place in wheat production with an indicator of 35.9 million metric tons. More here
Main article: Canada's Foreign Trade
At the end of September 2025, TAdviser prepared an infographic with a rating of countries whose citizens spend the most money on tourist trips. The material was prepared on the basis of data from the UN World Tourism Organization (UNWTO) and the IMF. Read more here.
Main Article: Communications (Canadian Market)
On April 19, 2023, the largest strikes of state and municipal service workers in the last 40 years took place in large Canadian cities. The protest was organized by one of the largest trade unions in the country - the Alliance of the Civil Service of Canada.
The protesters seek to index salaries by 4.5% per year over the next three years, and also oppose the adoption of a law on compulsory work.
In turn, the Treasury Council of Canada points out the need for employees to agree on a remote regime with the employer, and also comes only at a three percent indexation of salaries per year.
As a result of rallies of employees of municipal services in the country, the work of commercial seaports, the issuance of passports and visas, as well as the receipt of tax returns were disrupted.
The government promises to make every effort to resolve the problem as soon as possible and come to a mutually beneficial agreement.
On April 11, 2020, Canada passed a bill to subsidize wages in an attempt to stabilize the economy of the country affected by the COVID-19 coronavirus, which Prime Minister Justin Trudeau called the biggest problem of his generation.
The House of Commons, one of the components of the Canadian Parliament, has agreed on a package of anti-crisis assistance to enterprises affected by the coronavirus. The volume of the program is 73 billion Canadian dollars ($52 billion).
In accordance with the bill, funds will be allocated from the Canadian budget to compensate companies for 75% of salaries so that they do not cut workers. Up to C $847 ($607) per week is allocated for each employee.
Subsidies will be paid within two to five weeks. This should stop a massive wave of cuts: in recent weeks, about 5 million Canadians have applied for emergency material assistance - one in four workers in the country.
| The front line is everywhere, - said Justin Trudeau, comparing the fight against coronavirus with the war. 'Each of us has a role to play in helping protect our country from the threat it now faces. |
The Prime Minister said that Canada has been on the verge of a strong economic downturn since the Great Depression - the economic crisis of 1929 - the late 1930s.
The government will also increase tax breaks for small, medium and large businesses, providing more than $10 billion in additional support. Some enterprises will be able to apply for large loans.
By April 12, 2020, the number of confirmed cases of infection with the new coronavirus in Canada reached 23,301 people, 653 patients died from the disease, the country's Ministry of Health said.[1]
High average wages Norway in and low income inequality contribute to an increased influx of immigrants.
The real hourly minimum wage is the statutory minimum wage paid to an employee for one hour worked, adjusted for inflation. Reflects the purchasing power of hourly earnings.
At the end of September 2025, a rating of the countries with the largest number of airports was published. The rating was formed by the Visual Capitalist resource based on data from the CIA World Factbook, an almanac reference book containing various information about countries around the world. Read more here.
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