Hard landing or soft landing for Canada's economy?

Caught in the middle of a political debate, we explore the contrasting narratives around Canada's economic growth. On one hand, Finance Minister Chrystia Freeland shares an optimistic IMF report predicting that Canada's economy will grow the fastest in the G7 next year. On the other hand, a contrasting OECD report suggests Canada will have the lowest real GDP per capita growth in the OECD by 2030. We dive into the IMF's findings, discuss the concept of a "soft landing" versus a "hard landing," and analyze how population growth impacts GDP per capita. The Fraser Institute updates calculations with current data, shedding light on the political tug of war over economic metrics. Ultimately, both sides can be right depending on how you interpret the data. Join the discussion in the comments to share your perspective on which metric matters more.

00:00 Introduction: Caught in the Middle of a Political Debate
00:06 Asking for Your Opinion
00:11 Chrystia Freeland's Optimistic Tweet
00:18 Contrasting OECD Report on GDP Per Capita
00:35 The IMF Report: A Soft Landing for Canada?
01:00 Soft Landing vs. Hard Landing Explained
02:01 Analyzing Canada's GDP and Population Growth
03:28 Fraser Institute's Updated Calculations
05:19 The Political Tug of War Over Economic Metrics
07:12 Wrapping Up: The Reality of Canada's Economy