Why is Canada’s economy falling behind America’s? The country was slightly richer than Montana in 2019. Now it is just poorer than Alabama.

Source: CuteAndQuirkyNazgul

8 Comments

  1. sketchyjalapeno on

    Canada could be a lot more prosperous country then we are right now. we are mismanaged and run by too many people who don’t want us to succeed or prosper. In fact there seems to be a mentality of western nations driving themselves into the ground. we are in debt to foreign creditors and powers and they are bleeding us dry.

  2. Difficult-Yam-1347 on

    “The imf forecasts that Canada’s national income per head, equivalent to around 80% of America’s in the decade before the pandemic, will be just 70% of its neighbour’s in 2025, the lowest for decades. Were Canada’s ten provinces and three territories an American state, they would have gone from being slightly richer than Montana, America’s ninth-poorest state, to being a bit worse off than Alabama, the fourth-poorest.”

    “What Canada lacked in productivity it could long make up by having more workers, thanks to higher rates of immigration. Between 2014 and 2019 its population grew twice as fast as America’s. Canada has historically been good at integrating migrants into its economy, lifting its gdp and tax take. But integration takes time, especially when migrants come in record numbers. Recently immigration has sped up, and the newcomers seem to be less skilled than immigrants who came before. In 2024 Canada saw the strongest population growth since 1957”

    https://archive.ph/wTDrc

  3. The economy is doing great , you think it means people are doing great but it actually means the gov is taxing the living f out of everyone, you know an increase in taxes shows as the economy is booming right?

  4. The tech sector is dead here. Canadian born people have been left behind by its government. How can someone who is a refugee doing better than Canadian born people is sickening to see

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