Despite the uncertainties going on around the world, Canada has managed to keep a stable and well-run economy that has been thriving for years. They’ve been able to keep up with some of the top countries for years by developing in-house sectors and ensuring they’re relying less and less on other countries for support and becoming more self-sustainable.
They’ve been working hard to ensure all aspects of their economy are growing, from tech to gambling, they’ve been encouraging Canadians to use in house products and businesses to support this. But what is the exact position of the Canadian economy and how have they managed to keep things on track when a lot of other countries seem to be struggling? Let’s find out.
Industries that are thriving:
1) Technology and AI
In recent years, AI has come on leaps and bounds and is now one of the biggest industries around. It’s being used in ways we could have only dreamed of a few years ago, with virtually every industry now incorporating this into their daily lives. Because of this, there’s now a massive push for AI advancements and every tech company is trying to constantly improve it and make it the best one around.
Along with this, the Canadian Government has also supported the industry with numerous different funding and policy changes to improve AI advancements and research. There have been numerous startups being set up to try and get ahead of the game becoming the next big thing in the AI world, so if you’re involved in AI in Canada, it’s a good time to get stuck in.
2) Sustainability
Renewable energy is something that’s been a massive focus for a number of years, with incredible amounts of research going into finding the next green energy supply to help with global warming. Canada has always had a big focus on this, and in 2025, this hasn’t changed.
They’re still supporting businesses to find ways of helping the planet by reducing harmful energy sources and supporting people and businesses to change and move over to green energy. Numerous grants and Government backed funding has been given out in recent years for people to allow these changes, with the likes of solar panels being installed on buildings to create reusable energy.
There are also a number of other larger scale projects that create this green energy such as large wind turbine farms that create an enormous amount of energy for the country. By driving these sustainability measures, this will only allow the country to support itself in the energy industry, but also help protect the planet too.
3) Sports betting and online casinos
In recent years, the online sports betting and casino industry has gone to a new level in Canada. In 2021, single-event sports betting was legalised resulting in a massive growth in popularity as people now had a lot more choice when it came to what they decided to play bets and wagers on.
The best Canadian online casinos can be found at www.casino.ca, providing visitors with information like where to find the best bonuses, the RTP rates and which sites are the most reliable.. As this is still relatively new in Canada, it’s expected to get even bigger as the next few years go by, meaning this is only another industry thriving in Canada and one that people should keep a close eye on.
4) E-Commerce
The days of going out to do your shopping are becoming less and less, with people relying on online shopping more than ever. Such companies as Amazon offering next day delivery have really changed the landscape in how people spend their money.
Because of this, there’s been an influx of new businesses in this area, with numerous warehouses, delivery services and marketing companies. As time goes on, this industry is only going to thrive and grow, as there’s no sign of online shopping slowing down anytime soon, these businesses are only going to become more popular and more profitable going forward.
With how turbulent things are throughout the world, it’s refreshing to see Canada maintaining a well-run and positively growing economy. Due to smart investments and decisions to develop in house industries, they’ve managed to start working towards being completely self sustainable. They’ve invested in key infrastructures to ensure the most important areas grow allowing Canadians to see the benefits.
Provided they keep doing what they’re doing and investing in the right areas, ensuring key industries are supported, there’s no reason why their economy can’t continue to grow for years and become one of the best in the world.