On this page you will find beneficial information regarding foreign direct investment in / trading with Canada. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Federal Parliamentary Democracy under a Constitutional Monarchy
Population: 38.25 million (2021)
GDP: 1.988 trillion USD (2021)
Corporate Tax Rate: 33%
Personal Income Tax Rate: 15% - 33%
Major Exports: Crude Petroleum ($81.2B), Cars ($29B), Petroleum Gas ($15B), Gold ($14.3B), and Sawn Wood ($13.3B), exporting mostly to United States ($355B), China ($22.5B), Japan ($11.9B), United Kingdom ($11.8B), and Mexico ($7.14B).
Major Imports: Cars ($27.2B), Motor vehicles; parts and accessories (8701 to 8705) ($14.5B), Delivery Trucks ($14.2B), Refined Petroleum ($12.5B), and Crude Petroleum ($11.9B), importing mostly from United States ($259B), China ($57.1B), Mexico ($17.4B), Germany ($12.4B), and Japan ($9.62B).