Canada
CA CA800 |Business Environment Profile

Population in Canada - Data and Analysis (1980-2031)

Canada's total population is projected to reach 41.4 million in 2025, reflecting consistent growth supported by elevated immigration and rising life expectancy. The current period is characterized by a stable, moderate growth rate of 1.7% annually from 2020 to 2025. International migration remains the principal driver, as natural growth slows due to declining fertility rates and an aging population. While the growth rate has decelerated slightly compared with previous decades, Canada continues to outpace most other developed economies, reinforcing its demographic resilience and economic stability. New population records have been set annually, reflecting the cumulative impacts of immigration policy and health improvements.Over the five years to 2025, the nation's demographic landscape has been shaped by several notable factors. Declining total fertility rates have resulted in fewer births, lowering the contribution of natural increase and increasing dependence on net international migration to drive population expansion. Canadian fertility rates are now below replacement level, a trend seen across much of the developed world, contributing to a rising median age and higher proportional share of seniors. Meanwhile, the country's openness to immigration, with policies targeting an annual intake exceeding 340,000 new arrivals, has maintained steady inflows and offset natural decrease in some provinces. Growth patterns have varied regionally; provinces such as Alberta and British Columbia continue to attract both immigrants and interprovincial movers with comparatively strong labor markets and housing opportunities, while Atlantic provinces contend with slower growth and aging populations.From 2020 to 2025, population gains have also been influenced by improved survivorship due to advancements in healthcare, which have extended average life expectancy nationwide. This prolonged lifespan, alongside ongoing urbanization, has reinforced concentrated population growth in major urban centers. Macro trends of labor market shifts, changing family formation preferences and the increasing economic importance of immigrant communities are also shaping the demographic profile. Ultimately, the five years to 2025 reflect a stable but slightly slowing era of growth, underpinned by a transition toward a more diverse, older, and increasingly urban society.

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Curious about what drives these trends? IBISWorld's analyst coverage on the population includes detailled analysis on the current performance, outlook and industries affected.

Population

1980-2031

Estimated Value in 2025

XX
2020-25 CAGR XX%
2024-25 Change XX%

Forecast Value in 2031

XX
2025-31 CAGR XX%
2025-26 Change XX%

The data for this report, including forecasts, are sourced from Statistics Canada. The estimates provided refer to the population as of July 1 for that year. The forecasts in this report assume births, deaths and net international immigration. Statistics Canada publishes estimates under the low-, medium- and high-growth scenarios. The forecast provided assumes a medium-growth scenario.

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Industries related to this market

Explore industries with similar markets, supply chains, and economic drivers to gain broader context and insights.

Related Industries

Industry Country Last 5-yr CAGR Forecast 5-year CAGR Revenue
Pet Grooming & Boarding in Canada
Canada
Canada
XX% XX% $XX
Sewage Treatment Facilities in Canada
Canada
Canada
XX% XX% $XX
Warehouse Clubs & Supercentres in Canada
Canada
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XX% XX% $XX
Waste Collection Services in Canada
Canada
Canada
XX% XX% $XX
Water Supply & Irrigation Systems in Canada
Canada
Canada
XX% XX% $XX
Cosmetic & Beauty Product Manufacturing in Canada
Canada
Canada
XX% XX% $XX
Grocery Wholesaling in Canada
Canada
Canada
XX% XX% $XX
Pet Stores in Canada
Canada
Canada
XX% XX% $XX
Supermarkets & Grocery Stores in Canada
Canada
Canada
XX% XX% $XX
Waste Treatment & Disposal Services in Canada
Canada
Canada
XX% XX% $XX
Department Stores in Canada
Canada
Canada
XX% XX% $XX
Electric Power Transmission in Canada
Canada
Canada
XX% XX% $XX
Fruit & Nut Farming in Canada
Canada
Canada
XX% XX% $XX
Mental Health & Substance Abuse Clinics in Canada
Canada
Canada
XX% XX% $XX
Recycling Facilities in Canada
Canada
Canada
XX% XX% $XX
Flower & Nursery Stock Wholesaling in Canada
Canada
Canada
XX% XX% $XX
Hospitals in Canada
Canada
Canada
XX% XX% $XX
Real Estate Sales & Brokerage in Canada
Canada
Canada
XX% XX% $XX
Specialty Food Stores in Canada
Canada
Canada
XX% XX% $XX
Chicken Egg Production in Canada
Canada
Canada
XX% XX% $XX
Mental Health & Substance Abuse Centres in Canada
Canada
Canada
XX% XX% $XX
Primary Care Doctors in Canada
Canada
Canada
XX% XX% $XX
Soap & Cleaning Compound Manufacturing in Canada
Canada
Canada
XX% XX% $XX
Chicken & Turkey Meat Production in Canada
Canada
Canada
XX% XX% $XX
Cigarette & Tobacco Product Wholesaling in Canada
Canada
Canada
XX% XX% $XX

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Frequently Asked Questions

What was the population in Canada in 2025?

The population in Canada in 2025 was 41,423.8 thousand people.

How has the population in Canada changed in 2025?

The population in Canada grew by 1.73% in 2025.

What was the forecast growth rate of population in Canada over the next five years?

IBISWorld’s data and analysis on population in Canada includes forecasted growth rates over the next five years.

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