Per Capita GDP in Canada and the Provinces: 2001-5

Enormous economic disparities between the Canadian provinces are at the root of the equalization program. In the period 2001-5, Canada saw significant changes to the economic balance of the country. With the escalating price of oil, GDP increased in Newfoundland & Labrador, Saskatchewan, and Alberta. The economic impact of the oil development offshore from Newfoundland saw the most dramatic shift in economic fortunes. As a result, the per capita GDP in Newfoundland and Labrador went from 76% of the national level to 98%. Ontario's share of economic output slipped in relative terms over the same period, from 107% of the national per capita GDP to 101%.

PER CAPITA GDP 2001-5
	2001	2002	2003	2004	2005
Canada	35,719	36,790	38,403	40,351	42,414
Newfoundland and Labrador	27,163	31,675	34,968	37,566	41,733
Prince Edward Island	25,099	27,137	28,004	29,173	29,993
Nova Scotia	27,787	28,977	30,669	31,871	33,533
New Brunswick	27,582	28,191	29,525	30,549	31,552
Quebec	31,313	32,503	33,676	35,118	36,175
Ontario	38,134	39,509	40,242	41,702	42,866
Manitoba	30,537	31,710	32,472	34,174	35,609
Saskatchewan	33,124	34,468	36,595	40,228	42,742
Alberta	49,489	48,395	54,176	58,397	66,279
British Columbia	32,737	33,594	35,129	37,421	39,490

RATIO OF PER CAPITA GDP TO NATIONAL 2001-5
	2001	2002	2003	2004	2005
Canada	1.00	1.00	1.00	1.00	1.00
Newfoundland and Labrador	0.76	0.86	0.91	0.93	0.98
Prince Edward Island	0.70	0.74	0.73	0.72	0.71
Nova Scotia	0.78	0.79	0.80	0.79	0.79
New Brunswick	0.77	0.77	0.77	0.76	0.74
Quebec	0.88	0.88	0.88	0.87	0.85
Ontario	1.07	1.07	1.05	1.03	1.01
Manitoba	0.85	0.86	0.85	0.85	0.84
Saskatchewan	0.93	0.94	0.95	1.00	1.01
Alberta	1.39	1.32	1.41	1.45	1.56
British Columbia	0.92	0.91	0.91	0.93	0.93

Sources: Statistics Canada

All sites accessed May 22, 2006