Canada 2025 Snapshot

An overview of Canada's automotive and economic landscape in 2025, including key statistics on population, GDP, vehicle fleet size, major car brands, production figures, fuel costs, and industry highlights.

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Canada
2025

Population: 41.7 million  
GDP national / per capita: US$2.28 trillion/US$54,676 (nominal)
Currency Canadian dollar 
Inflation: December 2.2%  
Interest Rate: December 2.25%  
Unemployment: December 6.8%  

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

Vehicle Fleet 
2025

National fleet size 
26.8 million vehicles  


New Vehicles registered
 
1.9mn (+2.7% y-o-y) 
one vehicle per 1.6 people

Top 5 brands 
1. Ford 279,505 (278,579 units) +4% year-over-year
2. Toyota (216,258) +3%
3. Chevrolet (153,046) +1% -1%
4. Hyundai (146,185) +11%
5. Honda (128,449) +4%

Top 5 models 

1. Ford F-Series (138,470 units) +3%
2. GMC Sierra/Chevrolet Silverado 114,030 +2%
3. Toyota RAV4 (75,573) -3%

4. Ram pickup (42,758) -25%
5. Honda CR-V (55,987) +1%

Factories in country

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

Main Vehicle Leasing Players 

Element Fleet Management, Jim Pattison Lease

Energy Prices 

Gasoline / liter (January 2026) US$1.06 
Diesel / liter (January 2026) US$1.06

The driving range on one liter of gasoline is roughly equivalent to the driving range achieved with 2 kWh of electricity.

Electricity / 2 kWh (June 2025)
US$0.24 (residential)
US$0.22 (commercial)