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Canada sees record population growth in 2022

Canada saw record population growth last year, with immigration accounting for the vast majority of the 1,000,500 new residents.

According to a press release from Statistics Canada published Wednesday, this is the first time in the country's history that its population has grown by more than one million people in a 12-month period.

The total population reached 39,566,248 on January 1.

This is 2.7 per cent higher than a year prior, with immigration accounting for 95.9 per cent of that growth.

While other developed nations grapple with slowing population growth, Canada has the fastest growing population of any G7 nation, and a 2.7 per cent growth rate ranks in the top 20 globally.

Statistics Canada says if the country's population were to continue growing at the same rate, it would double in around 26 years.