Canada’s population surpassed 40 million on June 16 and grew to 40,097,761 by July 1, an increase of 1,158,705 people – or 2.9% – from July 1, 2022.

In a demographic report released on Tuesday, StatCan said this rate of growth places Canada ahead of all other G7 countries and among the top 20 fastest growing countries in the world during that period.

While the difference between births and deaths accounts for two per cent of this growth, the agency said 98% came from net international migration.

In fact, Canada’s fertility rate reached a record low in 2022, with 1.33 children born per woman, compared with 1.44 in 2021.

“As of July 1, 2023, an estimated 2,198,679 non-permanent residents lived in Canada, a 46% surge from the same date one year prior,” the report reads.

“This accounts for the largest year-over-year surge in the population of non-permanent residents living in Canada since comparable data are available.”

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