Canada

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Canada

Population (2024) 41.3 million  
GDP national / per capita: (2023) US$2.24 trillion/US$54,237 (nominal)
Currency Canadian dollar 
Inflation (April 2025) 1.7%  
Interest Rate (April 2025) 2.75%  
Unemployment (April 2025) 6.9%  

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

Vehicle Fleet 

National fleet size (2023) 26 million vehicles  
New Vehicles registered (2023) 1.7mn (led by Ontario) +13.4% y-o-y 
one vehicle per 1.6 people

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 (June 2025) US$1.17 
Diesel / liter (June 2025) US$1.12

Electricity / kilowatt (December 2025) US$0.12 (household), US$0.10 (business)