From 2018 onwards, the rate declined further, reaching 1.3 in 2022, partly due to economic uncertainties and social changes, including shifts in family structures and preferences for smaller households. The COVID-19 pandemic also contributed, amplifying concerns about financial stability and healthcare access, resulting in a notable dip by 2020.
For additional information, visit statistics on Canada’s population count, Canada’s military share of population, Canada’s unemployment rate trend.