Key Living-Standard Stat in Canada on Better Path After Revisions

Pedestrians in Toronto.

Photographer: Brent Lewin/Bloomberg

A key measure of Canadian living standards has improved after the country’s statistical agency revised up the size of the economy.

Canada’s real gross domestic product per person rose to C$60,071 ($42,978) in the third quarter, according to a Bloomberg analysis of data released Friday by Statistics Canada. That follows a significant increase in estimates of the size of the country’s economy over the past three years.