
Islamic Finance FAQ: A Global Finance Series
Islamic finance is a fast-growing $2 trillion industry, yet many finance professionals do not know halal from haram. Global Finance's series on Islamic finance explains.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Canada economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Canada best banks and safest banks are also available.
Money cannot buy happiness—at least six other factors are critical for nations to have happy people.
USD 82.7 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
USD 1,627.3 billion (2017, estimate)
Intl$ 1,742.7 billion (2017, estimate)
2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
2.6% | 2.1% | 1% | -3% | 3.1% | 3.1% | 1.8% |
2013 | 2014 | 2015 | 2016* | 2017* | ||
2.2% | 2.5% | 1.1% | 1.2% | 1.9% |
*Estimate
USD 44,412.1 (2017, estimate)
1980 | 1990 | 2000 | 2010 | 2017* |
2.20% | 2.10% | 1.87% | 1.55% | 1.4% |
*Estimate
(2016 estimate)
1.6% (2014)
OECD, data retrieved January 2017
2013 | 2014 | 2015 | 2016* | 2017* |
0.9% | 1.9% | 1.1% | 1.6% | 2.1% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
7.1% | 6.9% | 6.9% | 7.0% | 7.1% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
86.1% | 86.2% | 91.5% | 92.1% | 90.5% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
-1.9% | -0.5% | -1.3% | -2.5% | -2.3% |
*Estimate
Standard & Poor's: AAA
Moody's: Aaa
Standard & Poor's / Moody's (Updated as of January 24th 2017)
2013 | 2014 | 2015 |
USD 2113.8 billion | USD 2095.4 billion | USD 1593.4 billion |
Royal Bank of Canada, TD Bank Group, Bank of Nova Scotia, Bank of Montreal, Manulife Financial, Brookfield Asset Management, Canadian Imperial Bank, Sun Life Financial, Kraft Heinz Company, Power Corp of Canada, BCE, Canadian National Railway, Magna International, Couche Tard, Enbridge, Suncor Energy, Rogers Communications, National Bank of Canada, Fairfax Financial, TELUS, George Weston, Agrium, Canadian Natural Resources, PotashCorp, TransCanada, Canadian Pacific Railway, Cenovus Energy, Valeant Pharmaceuticals, Husky Energy, Barrick Gold, CGI Group, Onex, Fortis (Canada), Hydro One, Intact Financial, Saputo, Canadian Tire, Restaurant Brands International, Bombardier, Metro, Goldcorp, Industrial Alliance Insurance, Shaw Communications, Teck Resources, Empire, Pembina Pipeline, SNC-Lavalin Group, Air Canada, Hudson's Bay, Canadian Utilities, Crescent Point Energy, E-L Financial, Laurentian Bank, Ivanhoe Mines.
-3.1% (2017 estimate)
31.5% (2015)
2.5% (2015)
1.6% (2015)
Motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp, timber, crude petroleum, natural gas, electricity, aluminum
Machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods
US 53.1%, China 12.2%, Mexico 5.8% (2015)
2013 | 2014 | 2015 |
USD 71,753 million | USD 58,506 million | USD 48,643 million |
2013 | 2014 | 2015 |
USD 54,879 million | USD 55,688 million | USD 67,182 million |
2012 | 2013 | 2014 | 2015 |
USD 37568.6 million | USD 30672.5 million | USD 47560.9 million | USD 87826.2 million |
Encana Corp, Athlon Energy Inc, United States, USD 6.8 billion / Amaya Gaming Group Inc, Oldford Group Ltd, Isle of Man, USD 5.0 billion / Fortis Inc, UNS Energy Corp, United States, USD 4.5 billion
CPPIB Credit Investments Inc, GE Antares Capital, United States, USD 12.0 billions / Bank of Montreal,Ontario, Canada, General Electric Capital Corp-Transportation Finance Business, United States, USD 8.9 billions / Investor Group, TransGrid Ltd-99-Year Lease, Australia, USD 7.4 billions / Element Financial Corp, GE Capital Fleet Services-US & Mexico Fleet Operations, United States, USD 7.2 billions / Investor Group, Fortum Distribution AB, Sweden, USD 7.0 billions / Royal Bank of Canada, City National Corp, United States, USD 5.4 billions / Informatica Corp SPV, Informatica Corp, United States, USD 5.2 billions / Investor Group, SIG Combibloc Group AG, Switzerland, USD 4.7 billions / Investor Group, TDF SA-Assets, France, USD 4.5 billions / Manufacturers Life Insurance Co, Standard Life Financial Inc, Canada, USD 3.7 billions / Concordia Healthcare Corp, Amdipharm Mercury Co Ltd, United Kingdom, USD 3.5 billions / Hudson's Bay Co, GALERIA Kaufhof GmbH, Germany, USD 3.2 billions
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 22 out of 190 countries (2016)
Subcategories:
Starting a business: 2 out of 190 countries
Enforcing Contracts: 112 out of 190 countries
Registering Property: 43 out of 190 countries
Getting credit: 7 out of 190 countries
Protecting investors: 7 out of 190 countries
Trading across border: 46 out of 190 countries
Paying Taxes: 17 out of 190 countries
Dealing with Construction Permits: 57 out of 190 countries
Getting Electricity: 108 out of 190 countries
Resolving Insolvency: 15 out of 190 countries
15 out of 138 countries
(2016-2017)
Ranking: 6 / Score: 77.97 (Mostly free) (2017)
(100=totally free 0=totally repressed)
Federal parliamentary democracy (Parliament of Canada) under a constitutional monarchy; a Commonwealth realm
English (official) 58.7%, French (official) 22%, Punjabi 1.4%, Italian 1.3%, Spanish 1.3%, German 1.3%, Cantonese 1.2%, Tagalog 1.2%, Arabic 1.1%, other 10.5% (2011 est.)
Catholic 39% (includes Roman Catholic 38.8%, other Catholic .2%), Protestant 20.3% (includes United Church 6.1%, Anglican 5%, Baptist 1.9%, Lutheran 1.5%, Pentecostal 1.5%, Presbyterian 1.4%, other Protestant 2.9%), Orthodox 1.6%, other Christian 6.3%, Muslim 3.2%, Hindu 1.5%, Sikh 1.4%, Buddhist 1.1%, Jewish 1%, other 0.6%, none 23.9% (2011 est.)
1990 | 2000 | 2010 | 2016* | 2021* |
27.632 million | 30.647 million | 33.959 million | 36.209 million | 38.42 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
69% | 76% | 80% | 82% |
33.7 (2010)
(0=perfect equality, 100=absolute inequality)
Political Rights: 1
Civil Liberties: 1 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 43.52% Mobile 82.98% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)
Vancouver: 142nd
Toronto: 143rd
Montreal: 155th
Calgary: 162nd
Ottawa: 171st
(2016)