Canada’s 2024‑2025 GDP projections by province and territory

Statistics Canada released a table showing projected gross domestic product (GDP) at basic prices, expressed in chained 2017 dollars, for Canada’s provinces and territories for 2024 and 2025. Ontario is projected to have the largest GDP, estimated at $889,453.6 million in 2024 and rising to $900,844.9 million in 2025. Quebec follows, with 2024 GDP of $447,584.8 million and 2025 of $450,300.3 million. Smallest projections are for Yukon at $3,223.2 million in 2024 and $3,243.0 million in 2025, and Nunavut at $4,154.9 million in 2024 and $4,160.7 million in 2025. Growth rates from 2024 to 2025 vary: Saskatchewan leads at 19.5%, while the Northwest Territories sees a decline of 2.0%. The data also highlights the uneven economic trajectories across regions.

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