Manitoba - Statistics & Facts
The Canadian province of Manitoba is one of the three Prairie provinces, located between Ontario and Saskatchewan, underneath Nunavut, and above the U.S. states North Dakota and Minnesota. Manitoba is home to about 1.38 million people, with more than half living in large urban areas, and is Canada’s fifth-largest province by population. Additionally, approximately 130,000 Aboriginal people reside in Manitoba, the fourth-highest amount in Canada. Most residents reported being of British Isles origin, and the province has seen a slight decrease in the number of immigrants over the past couple of years. The largest city and capital of Manitoba is Winnipeg, home to half the population of the province, and Canada’s seventh-largest city. Manitoba is made up of over 100,000 lakes, including Lake Winnipeg, the tenth-largest freshwater lake in the world.
Like other Canadian provinces and territories, Manitoba has not been exempt from inflation. Since February 2022 and the invasion of Ukraine by Russia, the Consumer Price Index (CPI), a main measure of inflation, has been increasing steadily. In June 2022, it had reached 155.3 points, which was an increase of more than 17 points compared to June 2020. The CPI in the province was higher than in Canada.
The economy of Manitoba
Manitoba’s economy is established largely on natural resources as a result of having a lot of fertile land. Other essential industries include manufacturing, mining, and transportation, however, the most lucrative industry in 2021 was the real estate industry. The province's overall GDP has been steadily increasing over the years (except for 2020), while the unemployment rate has been fluctuating. However, in 2021, Manitoba had one of the lowest unemployment rates out of all provinces in Canada.Like other Canadian provinces and territories, Manitoba has not been exempt from inflation. Since February 2022 and the invasion of Ukraine by Russia, the Consumer Price Index (CPI), a main measure of inflation, has been increasing steadily. In June 2022, it had reached 155.3 points, which was an increase of more than 17 points compared to June 2020. The CPI in the province was higher than in Canada.
