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Its revenue only rose 20% in 2023, compared to its 34% growth in 2022 and 35% growth in 2021. Analysts expect its revenue and adjusted EBITDA to only grow 11% and 5%, respectively, in 2024.
The 2021 Canadian census counted a total population of 36,991,981, an increase of around 5.2 per cent over the 2016 figure. [7] [8] Between 1990 and 2008, the population increased by 5.6 million, equivalent to 20.4 per cent overall growth.
Statistics Canada projects that immigrants will represent between 29.1% and 34.0% of Canada's population in 2041, compared with 23.0% in 2021, while the Canadian population with at least one foreign born parent (first and second generation persons) could rise to between 49.8% and 54.3%, up from 44.0% in 2021.
Canada has a highly developed mixed-market economy, [270] [271] with the world's ninth-largest economy as of 2023, and a nominal GDP of approximately US$ 2.221 trillion. [272] It is one of the world's largest trading nations, with a highly globalized economy. [273]
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