Canada\u0027s robust economic recovery masks a sagging standard of living that is among the worst of advanced economies, says TD. Read more.
, rising by 1,050,110 in 2022, the first time in Canadian history the population has grown by more than 1 million people in a single year.Article content
At the start of the 1980s Canada’s per capita GDP was almost US$4,000 above the average of advanced economies, but by 2000 this advantage had all but disappeared, said Ercolao. That year U.S. per capital GDP exceeded Canada’s by more than US$8,000.Article content “Over the last 20 years, Canadian R&D investment has been in perpetual decline, while all other G7 countries have seen increases to varying degrees,” he said.Article content
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