Canada’s population has reached a significant milestone, hitting 40 million people just before 3 pm on Friday, June 16. According to Statistics Canada, the country’s population growth rate currently stands at 2.7%, its highest since 1957 during the post-war baby boom. This growth rate is due to a few factors, including recent birth trends, deaths, and international migration data. Last year saw a record increase of 1.05 million people, 96% of that increase due to international migration. Statistics Canada predicts that Canada’s population could reach 50 million as early as 2043 if current trends continue. This projection underscores the importance of ongoing efforts to manage population growth and ensure that Canada remains a great place to live, work, and raise a family.
