Premium Only Content
Ontario has the same per capita GDP as Alabama
Ontario has the same per capita GDP as Alabama
Productivity is not some abstract academic concept but determines the quality of people’s lives and their ability to raise a family. GDP per capita roughly represents the amount of income generate each year. Lowe productivity results in lower living standards.
Canada has some of the worst productivity among advanced nations. The standard of living continues to fall compared to the United States.
Canada’s labor productivity fell for the fourth straight quarter returning the country back to levels last seen in 2017. This is the equivalent of $5,500 per person in lost economic output. If Canada kept up with the pace of the USA, they would be producing over 8% more per hour worked than they currently do.
Ontario is the most populous province in Canada and accounts for nearly half the country’s manufacturing.
As a whole, Canada has missed out on the economic feast of the past decade leaving with with little fat on the bone to weather the current economic famine.
Only Alberta exceeds the US average of $76,000
Works Cited:
https://thehub.ca/2023-06-15/trevor-tombe-most-provincial-economies-struggle-to-match-the-u-s//
https://businesscouncilab.com/insights-category/analysis/productivity-part-three-canada-us-productivity-gap/
Tags:
canada gdp, canada, gdp, canadian economy, canada economy, canada gdp 2022, canada gdp 2021, canada gdp 2020, canada's gdp, canada gdp per capita, canadian gdp, economy of canada, canada news, canada gdp 2023, canada gdp news, canada economics, the economy of canada, russia gdp vs canada gdp, the economics of canada, how canada economy works, canada today, nominal gdp, canada economy explained, bank of canada, america vs canada, statistics Canada
-
3:00
The Last Capitalist in Chicago
1 year ago $0.08 earnedCan a company cut your pay?
284 -
LIVE
Redacted News
55 minutes agoTrump SHOCKS the world calls for immediate ceasefire in Ukraine, globalists are P*SSED
2,636 watching -
LIVE
Dr Disrespect
4 hours ago🔴LIVE - DR DISRESPECT - WARZONE - THE SHOTTY BOYS ARE BACK!
9,691 watching -
LIVE
Candace Show Podcast
3 hours agoSyria Falls And No It’s Not A Good Thing | Candace Ep 116
5,983 watching -
LIVE
In The Litter Box w/ Jewels & Catturd
20 hours agoThe Boss Man Is Back! | In the Litter Box w/ Jewels & Catturd – Ep. 701 – 12/09/2024
4,624 watching -
LIVE
StoneMountain64
2 hours agoDMZ 2.0 should be this
379 watching -
UPCOMING
Film Threat
6 hours agoSNOW WHITE AND RACHEL ZEGLER + Y2K BOMBS | Film Threat Versus
411 -
1:16:23
Professor Nez
2 hours ago🚨🇺🇸BREAKING: DANIEL PENNY VERDICT: NOT GUILTY! BLM Threatens America!
4.2K8 -
2:00:54
vivafrei
6 hours agoLive with Ian Carroll!! The Dark, Dirty Rabbit Holes of So-Called "Tinfoil Hat Theories"! Viva Frei
55.8K33 -
1:58:41
The Quartering
3 hours agoDaniel Penny NOT GUILTY, CEO Assassin CAUGHT, Syria Collapses, Anti-Cop Weirdo Humilaited!
72.6K14