Canada has vast potential, yet underperforms on the global stage, with poor productivity at the heart of its challenges. Find out more.
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By land mass it is the second-largest country in the world, with the longest coastline. Bookended by the vast Pacific and Atlantic oceans it has enormous trading advantages, alongside access to the largely untapped Arctic to its north.
By any measure, Canada’s geography suggests it could be an economic powerhouse. But few ever talk about it in such terms. By purchasing power parity, its economy is ranked 15th globally by size, behind the likes of Turkey, Italy and Mexico. The Organization for Economic Co-operation and Development has forecast Canadian per capita gross domestic product growth up to 2060 to be theCanada boomed at the turn of the 20th century.
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