Canada has one of the fastest growth rates of any G7 nation, growing faster than many other industrialized countries. Canada’s growth rate has been anywhere between 0.8% and 1.2% for the past ten years.
While Canada’s fertility rate is 1.53 births per woman, below the population replacement rate, the population continues to grow as migration plays an increasing role in the population. Canada’s net migration rate is 6.375 per 1,000 people, the eighth-highest in the world.
Unlike many other countries, Canada is “underpopulated” and celebrates a growing population. There are many job vacancies to be filled and more people means more economic growth and prosperity for Canada.