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Canada has a population of about 40 million, growing primarily through immigration — it accepts over 400,000 permanent residents annually, one of the highest per-capita immigration rates globally.

GDP per capita is among the highest in the world at around $50,000-55,000, with a strong social safety net including universal healthcare and public education.

Canadian households carry some of the highest debt levels in the G7, largely driven by expensive housing markets in cities like Toronto and Vancouver.