Canada
North America · North America
Population
38.2M
GDP (Nominal)
$1.98T
Capital City
Ottawa
Currency
CAD ($)
Avg Salary
$4900/mo
Region
North America
Livability Index 2026
68/100
Cost of Living
68/100
Avg Salary
82/100
Safety
88/100
Healthcare
92/100
Education
86/100
Overall Livability
Institutional Summary
Canada is a highly developed mixed-market economy, ranking as the 8th largest in the world by nominal GDP. The nation is characterized by high levels of social stability, a robust publicly funded healthcare system, and a world-class education sector.
Cost of Living
Monthly Rent (1BR)$1,600
Monthly Groceries$400
Monthly Transport$120
Utilities & Internet$240
Estimated Total Monthly
$3,200 /person
AI Algorithm Summary
Major Strengths
- • Exceptional Safety & Low Crime (Score: 82)
- • High-income economy ($52,080 GDP/Capita)
- • World-class healthcare system
Algorithmic Red Flags
- • No severe algorithmic red flags
Economic Performance
📊 GrowingGDP Per Capita
$52,080
Inflation Rate
3.4%
Unemployment
5%
5-Year GDP Trend
Migration & Visa
Express Entry
Provincial Nominee Program (PNP)
Family Sponsorship
Visa Difficulty
6.5/10
PR Eligibility
3 Years
Employment Landscape
Avg Monthly Salary
$4,900
Trending
Top Performing Industries
Technology & AI
Healthcare Services
Clean Energy & Natural Resources
Social Indicators
Life Expectancy
82.3 Yrs
Literacy Rate
99%
Top Universities (QS Rank)
University of Toronto#21
McGill University#29
University of British Columbia#34
Compare Canada
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.