The statistic shows the total population in Canada from 2020 to 2024, with projections up until 2030. In 2024, the total population in Canada amounted to about 41.14 million inhabitants. Population of Canada Canada ranks second among the largest countries in the world in terms of area size, right behind Russia, despite having a relatively low total population. The reason for this is that most of Canada remains uninhabited due to inhospitable conditions. Approximately 90 percent of all Canadians live within about 160 km of the U.S. border because of better living conditions and larger cities. On a year to year basis, Canada’s total population has continued to increase, although not dramatically. Population growth as of 2012 has amounted to its highest values in the past decade, reaching a peak in 2009, but was unstable and constantly fluctuating. Simultaneously, Canada’s fertility rate dropped slightly between 2009 and 2011, after experiencing a decade high birth rate in 2008. Standard of living in Canada has remained stable and has kept the country as one of the top 20 countries with the highest Human Development Index rating. The Human Development Index (HDI) measures quality of life based on several indicators, such as life expectancy at birth, literacy rate, education levels and gross national income per capita. Canada has a relatively high life expectancy compared to many other international countries, earning a spot in the top 20 countries and beating out countries such as the United States and the UK. From an economic standpoint, Canada has been slowly recovering from the 2008 financial crisis. Unemployment has gradually decreased, after reaching a decade high in 2009. Additionally, GDP has dramatically increased since 2009 and is expected to continue to increase for the next several years.

Allowance Cards Market Outlook

According to our latest research, the Global Allowance Cards market size was valued at $2.1 billion in 2024 and is projected to reach $7.3 billion by 2033, expanding at a robust CAGR of 14.6% during the forecast period of 2025–2033. The primary driver behind this impressive growth trajectory is the rising adoption of digital financial literacy solutions among younger demographics, particularly as parents and educational institutions increasingly recognize the importance of instilling responsible money management habits early on. The proliferation of smartphones, coupled with the widespread availability of user-friendly digital payment platforms, has further accelerated the shift from traditional cash-based allowances to innovative allowance card solutions. As financial ecosystems continue to evolve, the demand for secure, flexible, and educational payment tools for children and teenagers is expected to surge, cementing the allowance cards market as a pivotal component of the global fintech landscape.

Regional Outlook

North America currently commands the largest share of the global allowance cards market, accounting for approximately 38% of total revenue in 2024. This dominance is attributed to the region's mature financial infrastructure, high digital penetration, and a strong focus on youth financial literacy programs. In the United States and Canada, the prevalence of prepaid and digital allowance cards is bolstered by a robust ecosystem of fintech startups and established financial institutions collaborating to deliver tailored solutions for families. Additionally, favorable regulatory frameworks, widespread parental awareness, and the integration of financial education modules within school curricula have significantly contributed to market maturity. The presence of leading market players and continuous technological upgrades ensure that North America remains at the forefront of product innovation and adoption in the allowance cards industry.

In contrast, the Asia Pacific region is projected to be the fastest-growing market, with an anticipated CAGR of 18.2% from 2025 to 2033. This rapid expansion is underpinned by a burgeoning middle-class population, increased smartphone and internet penetration, and a growing emphasis on digital financial inclusion. Countries such as China, India, Japan, and South Korea are witnessing a surge in demand for digital allowance cards as parents seek secure and convenient ways to manage their children's spending. Strategic investments by regional fintech firms, coupled with supportive government initiatives aimed at promoting cashless economies, are catalyzing market growth. Furthermore, localized product offerings, including multi-lingual apps and culturally relevant financial education content, are driving adoption rates across diverse markets in the Asia Pacific.

Emerging economies in Latin America and the Middle East & Africa present unique adoption challenges and opportunities for the allowance cards market. While these regions currently represent a smaller share of global revenues, they are characterized by a youthful population and increasing urbanization. However, barriers such as limited access to formal banking services, lower digital literacy rates, and regulatory uncertainties can hamper widespread adoption. Despite these challenges, targeted policy reforms, public-private partnerships, and the introduction of low-cost, mobile-first solutions are gradually bridging the gap. As financial inclusion initiatives gain momentum and awareness campaigns take root, these regions are poised for accelerated growth, albeit from a lower base compared to more developed markets.

Report Scope

The Financial Information of Community Colleges and Vocational Schools Survey was developed to provide financial information (income and expenditures) on all non-degree-granting community colleges and public vocational schools in Canada. This information: gives associations and governments a better understanding of the financial position for that level of education; helps in the development of policies in this sector; helps measure impact of increased tuition fees; helps measure impact of federal/provincial support. For current FINCOL data refer to Statistics Canada Access data here

Round‑Up Micro‑Investing for Teens Market Outlook

According to our latest research, the Global Round‑Up Micro‑Investing for Teens market size was valued at $1.3 billion in 2024 and is projected to reach $7.8 billion by 2033, expanding at a robust CAGR of 21.6% during 2024–2033. This remarkable growth trajectory is primarily driven by the increasing digital literacy among Generation Z, combined with the proliferation of fintech solutions that make investing accessible, engaging, and educational for teenagers. The surge in parental interest in early financial education and the integration of gamified investment platforms have created a fertile environment for the expansion of round-up micro-investing services tailored specifically to teens. As financial institutions and fintech startups race to capture this emerging demographic, the market continues to evolve with innovative features, regulatory compliance, and personalized experiences that foster long-term financial habits among young users.

Regional Outlook

North America currently holds the largest share of the global Round-Up Micro-Investing for Teens market, accounting for approximately 38% of the total market value in 2024. This dominance is attributed to the region’s mature fintech ecosystem, high smartphone penetration, and progressive regulatory frameworks that support youth-oriented financial products. The presence of leading market players and early adoption of digital banking have further fueled growth in the United States and Canada. Moreover, partnerships between financial institutions and schools to promote financial literacy have accelerated adoption rates. The established culture of investment, alongside favorable parental attitudes toward early financial education, continues to sustain North America’s leadership in the global landscape.

The Asia Pacific region is emerging as the fastest-growing market, with a projected CAGR of 25.4% from 2024 to 2033. This rapid expansion is driven by a burgeoning youth population, increasing smartphone and internet usage, and growing awareness of financial literacy among parents and educational institutions. Key markets such as China, India, and Australia are witnessing significant investments from global and local fintech firms, aiming to tap into the vast, underserved teen demographic. Furthermore, government initiatives promoting digital finance and youth empowerment, coupled with the rise of mobile-first banking, have created an ideal environment for the proliferation of round-up micro-investing platforms in the region.

Emerging economies in Latin America, the Middle East, and Africa are experiencing steady growth, albeit from a smaller base, as cultural and regulatory hurdles present both challenges and opportunities. In these regions, adoption is often hindered by limited access to banking infrastructure, lower digital literacy rates, and concerns regarding data security. However, localized product development and strategic partnerships with schools and community organizations are gradually overcoming these barriers. The increasing penetration of affordable smartphones and the expansion of mobile banking services are enabling more teens to participate in micro-investing, signaling long-term potential despite current constraints.

Report Scope

SABAL - Small Area Business and Labour Data is a compendium of independent data sources brought together in one database by Statistics Canada. As a compendium, it is not a fully integrated system, therefore, dates and geographic areas covered vary between data sets selected. SABAL combines a wide variety of economic and social statistics, and provides coverage of approximately 140 urban areas and 72 economic regions, in addition to Canada, the Provinces and Territories. Some data are not available at all geographic levels. SABAL also includes metadata on each of these data sources. The business sources included are: Business Small Area File (based on Revenue Canada administrative data), Retail Trade, Building Permits, Housing Starts from CMHC, Survey of Manufacturing, Motor Vehicle Registrations, Business Counts, Consumer Price Index, and Tourism. The social sources included are: Census of Population, Small Area Administrative Data (Taxfiler Data), Labour Force Survey, Household Facilities and Equipment Survey, Education, Training, Justice, Population Projections, Family Expenditures, and Consumer Finances Survey.

This table contains 156 series, with data for years 1999 - 31-MAR-03 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Newfoundland and Labrador;Prince Edward Island;Nova Scotia ...), Expenditures (12 items: Expenditures of universities and colleges; Financial Management System (FMS) basis;Deduct: adjustment to report expenditures on a net basis;Add: principal portion of debt repayments;Add: institutions embedded in the public accounts or financial statements ...).

EKOS Research Associates and the Canada Millennium Scholarship Foundation conducted a monthly national study of the finances of post-secondary students from September 2001 until May 2002. The study was designed to capture the expenses and income of students on a monthly basis, in order to profile the financial circumstances of Canadian post-secondary students and the adequacy of available funding. The Web based Students Financial Survey provided accurate, quantifiable results for the first time on such issues as the incidence and level of assistance, the level of debt from outstanding bank loans, personal lines of credit, and credit cards. The study also yielded up-to-date information on student assets (such as automobiles, computers, and electronics), student earnings, time usage, and types of expenses incurred. The survey featured a panel of 1,524 post-secondary students from across the country, who participated in a very brief monthly survey, either via Internet or telephone. Students were required to complete a longer baseline wave of the survey in order to participate in the study. The baseline survey asked a number of questions concerning summer income and existing debt, including credit card debt. This dataset was received from the Canada Millennium Scholarship Foundation as is. Issues with value labels and missing values were discovered and corrected as best as possible with the documentation received. The variable gasst: Do you receive any government assistance? was not corrected due to lack of documentation about this variable. Some caution should be used with this dataset. This dataset was freely received from, the Canadian Millenium Scholarship Foundation. Some work was required for the variable and value labels, and missing values. They were correct as best as possible with the documentation received. Caution should be used with this dataset as some variables are lacking information.

This survey was designed to address such topics as: - access to postsecondary education; - part-time and full-time study and employment; - students' income and expenditures; - issues such as mobility, language and Canadian Studies. Major variable categories include: Geographic variables, Choosing an institution, Choosing a field of study, Choosing level of education, Current registration details, Choosing part-time versus full-time, Co-op program, Courses on Canada, Language courses, Language of instruction, Education prior to current registration, Major activity prior to registering, Labour force activity in reference week, Expected activity post-graduation, Demographic variables, Socio-economic variables, Financing education, Income by source, R and spouse, Financial expenditures, Sample weight

The purpose of the survey is to collect information from a sample of Canadian families on their assets, debts, employment, income and education. This helps in understanding how family finances change because of economic pressures. The SFS provides a comprehensive picture of the net worth of Canadians. Information is collected on the value of all major financial and non-financial assets and on the money owing on mortgages, vehicles, credit cards, student loans and other debts. A family's net worth can be thought of as the amount of money they would be left with if they sold all of their assets and paid off all of their debts. The survey data are used by government departments to help formulate policy, the private sector and by individuals and families to compare their wealth with those of similar types of families.

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Online Trading Platform Market Size 2025-2029

The online trading platform market size is forecast to increase by USD 3.14 billion at a CAGR of 8.4% between 2024 and 2029.

The market in APAC is experiencing significant growth, driven by increasing financial literacy and digitalization. With the region's large and growing population of tech-savvy investors, there is a surging demand for convenient and accessible trading solutions. Moreover, the adoption of advanced technologies such as machine learning and AI is revolutionizing the trading landscape, offering personalized investment recommendations and automated trading. However, this market is not without challenges. Security concerns, regulatory compliance, and the need for reliable internet connectivity remain significant barriers to entry.
The market's growth is further facilitated by cloud-based solutions, mobile apps, and commissions. Additionally, the high competition among established players and new entrants necessitates continuous innovation and differentiation to capture market share. Companies seeking to capitalize on this market's opportunities must navigate these challenges effectively by focusing on strong security measures, regulatory compliance, and user-friendly interfaces. By staying abreast of the latest technological trends and investor demands, they can position themselves as leaders in the evolving market.

What will be the Size of the Online Trading Platform Market during the forecast period?

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The market encompasses software solutions that enable users to buy and sell financial assets, including international currencies and stocks, via live market prices. These platforms offer a range of financial tools, often accessible through banks, smartphones, and nonprofit banks. Cloud-based solutions, powered by big data, machine learning, and predictive analytics, dominate the landscape. Commissions are typically charged based on transaction volume, attracting institutional investors and electronic trading platforms. Market abuse and trade surveillance systems ensure market stability and integrity, while high-frequency trading and real-time data cater to the needs of sophisticated investors. The market for trading platforms includes user-friendly interfaces, mobile trading apps, digital brokers, and automated trading systems for equity, options, and cryptocurrency trading.
Account security and transaction fees are crucial considerations for users, with market access and portfolio management features adding value. The global trading platform market continues to grow, driven by the increasing digitization of financial services and the demand for efficient, accessible investment tools.

How is this Online Trading Platform Industry segmented?

The online trading platform industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Commissions
  Transaction fees


Deployment

  Cloud
  On-premises


Application

  Institutional investors
  Retail investors


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

    Brazil

By Type Insights

The commissions segment is estimated to witness significant growth during the forecast period. The market is segmented into commissions and transaction fees based on payment structures. Commissions, the larger market shareholder, are fees charged by brokers or investment advisors for their services, including investment advice and securities transactions. Clients benefit from commissions as they only pay when executing trades. However, commissions serve as incentives for brokers to facilitate a high volume of transactions, leading to their regulation by the Securities and Exchange Commission (SEC). This market encompasses various financial tools, individual brokers, and customized trading platforms, catering to retail investors, private banking institutions, and institutional investors. It includes cloud-based solutions, machine learning, predictive analytics, and market surveillance systems for market stability and integrity.

Additionally, the market incorporates non-profit banks, perpetual trading platforms, and the emerging digital asset ecosystem, including Bitcoin NFTs, Blockchain technology, decentralized finance protocols, and Artificial Intelligence applications such as generative AI, recurrent neural networks, and generative adversarial networks. Transaction fees, an alternative payment structure, are a flat rate or percentage of the trade value. Both commission and transaction fee structures cater to various market participants and trading scenarios.

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Financial overview and grant giving statistics of Canadian Education Foundation

Statistics Canada was approached by Human Resources Development Canada (HRDC) to conduct a survey to examine how Canadians are preparing their children for post-secondary education. The objective was to examine both the financial and 'cultural' aspects of preparation. Financial preparation includes parent's expectations of the cost of their children's post-secondary education as well as the amount and type of savings that have been made for their education. Cultural aspects include parent's involvement in their children's schooling and the provision of educational resources. Saving for post-secondary education is not an activity that is restricted to parents of school-aged children. Many other individuals, such as grandparents, also save for a child's post-secondary education. In order to obtain educational savings data for all households in Canada, HRDC opted to include households without children in the survey as well. These households were asked financial savings questions only. The inclusion of these households allows statements to be made about all educational savings in Canada, not just savings by households with children. The 1999 Survey of Approaches to Educational Planning is the first survey conducted by Statistics Canada to collect detailed information about how Canadians prepare their children for post-secondary education. Given the growing importance of post-secondary education in Canada and recent increases in the costs, the survey will provide a key first look at how Canadians are getting ready for their children's post-secondary education.

The Philippines' steady economic growth has resulted in the spurring of the country's life insurance business into a multi-billion-peso industry. In 2024, Sun Life Canada was the leading life insurance company in the country, with a premium income of approximately ** billion Philippine pesos. Sun Life of Canada: more information Sun Life Financial Philippines has been operating in the Philippines since 1895 and has become the longest-standing life insurance company in the country. The company offers a wide range of insurance products, investment opportunities, and even financial literacy. Its products also cover business owners, overseas Filipino workers, and pensioners. In 2024, Sun Life of Canada was also the leading life insurance company in the Philippines based on assets. Life insurance – a viable market As more and more Filipinos were made aware of insurance benefits through policy awareness campaigns launched by insurers, their clientele multiplied. Of the two kinds of life insurance policies, the variable life policy appeared to have been more popular. In 2023, the premium income of variable life insurances was higher than traditional life insurances.