Statistics Canada revised up the size of the economy, meaning Canadians' standard of living rose too. Photo by BRUNSWICK NEWS ARCHIVES

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 (GDP) per person rose to $60,071 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.

The changes suggest record population gains and tepid growth have caused the metric to decline to 2022 levels, rather than 2017 levels, as the previous data suggested.

“As population growth grinds to a near halt with tighter immigration

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