This article lists Canadian provinces and territories by gross domestic product (GDP).
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources. On the other hand, Manitoba, Quebec and The Maritimes have the country's lowest per capita GDP values, though this is due, in part, to lower price levels in those provinces.
In the face of these long-term regional disparities, the Government of Canada redistributes some of its revenues through unconditional equalization payments and finances the delivery of comparable levels of government services through the Canada Health Transfer and the Canada Social Transfer. However, these payments are based on nominal fiscal capacity and therefore do not account for differences in the cost of service delivery across the country. As of 2025, provinces receiving the largest equalization transfers per capita have relatively low price levels, so equalization may push their true (accounting for cost differences) fiscal capacity above that of some provinces receiving little or no equalization.__TOC__
GDP and per capita GDP, 2024 A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2024. For illustrative purposes, market income (total income less government transfers) per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)
Provinceor territory GDP(millionCAD, 2024) Share ofnational GDP(%, 2024) Population(July 1, 2024) GDP per capita(CAD, 2024) Marketincomeper capita(CAD, 2023)
Source: Statistics Canada: GDP (totals), Population, Total income and government transfers, Population covered by income data
International comparisons, 2024 In the table below, the figures from the previous table are converted to international dollars using the ratio of the International Monetary Fund's estimate for Canada's GDP by purchasing power parity (PPP) to Canada's nominal GDP. The per capita GDP PPP for the relevant year of other advanced economies with a population of at least 15 million according to the International Monetary Fund is provided as comparison.
(Note that because the same conversion rate is used for all of Canada, this method overstates the GDP PPP of provinces and territories with high price levels, and understates the GDP PPP of provinces and territories with low price levels.)
#ProvinceorterritoryGDP PPPper capita(Int$ PPP, 2024)GDP PPP(millionInt$ PPP, 2024)13 15 19 4 12 8 20 24 25 11 23 2 1 7 10 14 9 18 22 17 5 21 6 16 3
Source: International Monetary Fund World Economic Outlook Database, April 2026
Real GDP at basic prices, 2014–2018 A table listing annual GDP at basic prices from 2014 through 2018 in chained 2012 dollars. Caution: GDP at basic prices differs from GDP in the treatment of taxes and subsidies.
Provinceor territory GDP(millionchained (2012)CAD, 2014) GDP(millionchained (2012)CAD, 2015) GDP(millionchained (2012)CAD, 2016) GDP(millionchained (2012)CAD, 2017) GDP(millionchained (2012)CAD, 2018) British Columbia 219,060.9 224,153.4 231,509.9 240,657.9 246,506.3 Alberta 338,262.6 326,476.7 313,241.5 327,596.2 335,095.6 Saskatchewan 80,175.7 79,574.2 79,364.4 81,179.082,502.7 Manitoba 58,276.3 59,082.5 60,066.261,941.2 62,723.1 Ontario 659,861.2 677,384.0 693,900.4 712,984.3 728,363.7 Quebec 338,319.0341,688.0346,713.7 356,677.9 365,614.4 New Brunswick 29,039.6 29,275.7 29,686.3 30,271.8 30,295.3 Prince Edward Island 5,205.6 5,280.7 5,372.2 5,553.3 5,700.0 Nova Scotia 34,747.2 35,013.4 35,549.3 36,075.4 36,518.2 Newfoundland and Labrador 31,143.3 30,806.0 31,334.5 31,610.6 30,757.9 Yukon 2,510.9 2,320.2 2,482.5 2,554.5 2,626.1 Northwest Territories 4,574.6 4,621.3 4,679.8 4,861.3 4,954.7 Nunavut 2,363.6 2,353.0 2,434.3 2,685.3 2,955.0
Source: Statistics Canada
Components of GDP, 2023 A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada.
Provinceor territoryGDP(millionCAD, 2023)= Finalconsumptionexpenditure+ Grosscapitalformation+ InvestmentinInventories+ Exports− ImportsCanada British Columbia Alberta Saskatchewan Manitoba Ontario Quebec New Brunswick Prince Edward Island Nova Scotia Newfoundland and Labrador Yukon Northwest Territories Nunavut
Figures may not add up precisely due to omission of the statistical discrepancy column and the "Outside Canada" row.
Census metropolitan areas (CMA) by GDP at basic prices, 2021
This is a list of Canadian metropolitan areas by their gross domestic product (GDP) at basic prices according to data by Statistics Canada.
RankCensus metropolitan areasGDP(millionCAD, 2021)GDP per capita(CAD, 2021)1Toronto (Census Metropolitan Area)473,66373,1762Montreal (Census Metropolitan Area)253,90158,6363Vancouver (Census Metropolitan Area)183,14066,0814Calgary (Census Metropolitan Area)115,13674,7525Ottawa–Gatineau (Census Metropolitan Area)98,69364,0726Edmonton (Census Metropolitan Area)93,27163,3467Quebec (Census Metropolitan Area)52,55562,2128Winnipeg (Census Metropolitan Area)48,38856,2509Hamilton (Census Metropolitan Area)41,16950,34310Tri-Cities (Census Metropolitan Area)37,14461,67011London (Census Metropolitan Area)30,63553,97912Halifax (Census Metropolitan Area)26,96755,93113Victoria (Census Metropolitan Area)24,28558,57514Saskatoon (Census Metropolitan Area)21,85966,59115Regina (Census Metropolitan Area)19,63776,29916St. Catharines – Niagara (Census Metropolitan Area)18,71641,50617Windsor (Census Metropolitan Area)18,02641,01718Oshawa (Census Metropolitan Area)14,81434,17119St. John's (Census Metropolitan Area)13,74462,45820Kelowna (Census Metropolitan Area)12,27852,88821Guelph (Census Metropolitan Area)11,83968,48322Sherbrooke (Census Metropolitan Area)10,32645,03423Sudbury (Census Metropolitan Area)10,32458,19124Saguenay (Census Metropolitan Area)10,14362,46625Kingston (Census Metropolitan Area)10,13256,38126Barrie (Census Metropolitan Area)9,55743,03727Abbotsford – Mission (Census Metropolitan Area)9,29445,41028Moncton (Census Metropolitan Area)8,89355,10729Trois-Rivières (Census Metropolitan Area)7,64947,06230Thunder Bay (Census Metropolitan Area)7,25656,67031Lethbridge (Census Metropolitan Area)7,07155,02632Kamloops (Census Metropolitan Area)6,91658,09433Saint John (Census Metropolitan Area)6,80051,07434Brantford (Census Metropolitan Area)6,73142,95135Fredericton (Census Metropolitan Area)6,28656,62236Nanaimo (Census Metropolitan Area)5,78948,15637Red Deer (Census Metropolitan Area)5,78155,35838Belleville (Census Metropolitan Area)5,64048,83439Peterborough (Census Metropolitan Area)5,38140,25940Drummondville (Census Metropolitan Area)4,95948,44941Chilliwack (Census Metropolitan Area)4,82640,680
See also Economy of Canada List of Canadian provinces by unemployment rate
Notes
References Gross domestic product, expenditure-based, by province and territory 2006–2010 (Statistics Canada)
Population by year, by province and territory 2007–2011 (Statistics Canada) Department of Finance Canada: Equalization Program