On Canada Day 2025, futurist Jim Carroll celebrates Canada as the nation everyone dreams of being. He paints a picture of a robust mixed economy ranked ninth globally, with a US $2.23 trillion GDP, the lowest net-debt-to-GDP ratio in the G7, and the world’s most stable banking system—foundations that support prosperity and high living standards.
He points to Canada’s leadership in innovation and trade: number one globally for venture-capital recipients, pioneering breakthroughs like deep-learning cancer detection and cost-cutting smart-city projects, and 15 free-trade agreements that open markets for 1.5 billion consumers.
Natural resources anchor the economy, contributing US $464 billion in 2023—21 percent of real GDP—and operating at 2.5 times the overall productivity. As the world’s top potash producer and a key source of critical minerals, Canada is poised to power the green transition and create high-paying jobs.
Quality of life shines through top global rankings: first in peace and safety, third in overall life quality, seventh in work-life balance, and an 82-year life expectancy. Educational attainment is high, with 92 percent completing upper secondary school, and multicultural unity is enshrined in the Charter of Rights and Freedoms.
In short, Carroll’s snapshot shows why Canada stands as True North Strong and Free—a blueprint for resilience and shared success.
As we honor Canada, remember that our strengths—fiscal prudence, innovation, and shared values—make us True North Strong and Free.
About Jim Carroll: As a futurist with over 30 years advising CEOs at NASA, Pfizer, Disney, and others, Jim Carroll uses data-driven trend analysis to help leaders prepare for tomorrow’s challenges today. His insights turn complex forecasts into clear strategies