AI adoption could boost Canada's GDP to $3.65 trillion by 2035, PwC study estimates
PwC Canada projects a 9.3% GDP increase by 2035 if AI adoption accelerates and government policies support innovation and cybersecurity trust.
- On September 24, 2025, PwC Canada released a report forecasting Canada's GDP could reach $3.65 trillion by 2035 with faster AI adoption and climate action.
- The report outlines three scenarios based on technological adaptation speed, geopolitical tensions, and AI adoption, which currently lags in Canada compared to the U.S.
- Canada's mining, technology, and defence sectors can benefit from AI and government policies, while the defence sector requires resources like raw materials, munitions, and AI.
- The report projects a 9.3% GDP increase over baseline by 2035 in the optimistic scenario and notes Canada must bridge a three-quarters AI adoption gap versus the U.S.
- The report emphasizes that trust and security are vital for AI adoption, urging governments to collaborate with businesses to build confidence and support investments needed to close the adoption gap.
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The Canadian economy could grow exponentially by 2035 if companies accelerate the adoption of artificial intelligence (AI) and respond to growing climate change threats, predicts a new study.
AI adoption could boost Canada's GDP to $3.65 trillion by 2035, PwC study estimates (Canada)
Canada's economy could grow exponentially by 2035 if businesses fast-track their artificial intelligence adoption and respond to growing climate change threats, a new study predicts. A PwC Canada report exploring ways to unlock economic growth forecasts that with swift action to close the AI adoptio...


AI adoption could boost Canada’s GDP to $3.65 trillion by 2035, PwC study estimates
Canada's economy could grow exponentially by 2035 if businesses fast-track their artificial intelligence adoption and respond to growing climate change threats, a new study predicts.

AI adoption could boost Canada's GDP to $3.65 trillion by 2035, PwC study estimates
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