Canada

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Canada

Population (2023) 40.1 million  
GDP national / per capita: (2023) US$2.14 trillion/US$53,367  
Currency Canadian dollar 
Inflation (Nov 2024) 1.9%  
Interest Rate (Dec 2024) 3.25%  
Unemployment (Nov 2024) 6.8%  

Main Industries Real Estate, Financial Services, Communications, Oil and Gas, Mining, Aircraft Manufacturing, Automobile Manufacturing

Vehicle Fleet 

National fleet size (2023) 25.7 million vehicles  
New Vehicles registered (2023) 1.7mn (led by Ontario) +13.4% y-o-y 

Top 5 brands (2024) 
1. Ford (278,579 units) +19% year-over-year
2. Toyota (209,230) +7%
3. Chevrolet (154,107) +14%
4. Hyundai (131,715) +14%
5. Honda (123,711) +10%


Top 5 models (2024)1. Ford F-Series (133,857 units) +8.6%
2. Toyota RAV4 (77,556) +3.8%
3. GMC Sierra (59,912) +0.4%
4. Ram 1500 (56,992) -24.3%
5. Honda CR-V (55,363) +6.2%

Factories in country

Ford, General Motors, Stellantis (including Chrysler|), Toyota, Honda   

Main Vehicle Leasing Players 

Element Fleet Management, Jim Pattison Lease

Energy Prices 

Gasoline / liter (Dec 2024) US$1.20 
Diesel / liter (Dec 2024) US$1.17 

Electricity / kilowatt (Jun 2024) US$0.12 (household), US$0.10 (business)