Canada is getting poorer when compared to its wealthy peers, data shows

[shockedcanadian]

The Security Industrial Complex has destroyed communities and driven away our best and brightest.

Emulate us at your own peril. Once your betray civil liberties and replace it with the security cult, the outcome is guaranteed. History is the guide.

https://www.cbc.ca/news/politics/canada-gdp-per-capita-rich-1.7318989

Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it isn't as rich as it once was.

And the wealth gap between Canada and the U.S. has only grown wider, according to figures published by the Organisation for Economic Co-operation and Development (OECD).

Canada's relatively weak economic growth, combined with a population boom, has hit its standing among wealthy countries.

 

[Votto]

The Security Industrial Complex has destroyed communities and driven away our best and brightest.

Emulate us at your own peril. Once your betray civil liberties and replace it with the security cult, the outcome is guaranteed. History is the guide.

https://www.cbc.ca/news/politics/canada-gdp-per-capita-rich-1.7318989

Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it isn't as rich as it once was.

And the wealth gap between Canada and the U.S. has only grown wider, according to figures published by the Organisation for Economic Co-operation and Development (OECD).

Canada's relatively weak economic growth, combined with a population boom, has hit its standing among wealthy countries.

China adopted capitalism while continuing to embrace a hardline dictatorship for the general populace. Now China is the world's second biggest economy.

Apparently, Trudy can't do the same.

Some Leftists just can't stand to see other people flourishing economically, especially if they end up being worth more money than themselves.

 

[Rambunctious]

The war on fossil fuels is bankrupting the west...

 

[leftwinger]

And apparently, you may run short on Geese very soon.

 

[ThirdTerm]

Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it isn't as rich as it once was.

Australia and New Zealand are actually far below Canada (#10) in terms of GDP. Australia's GDP for 2024 is $1.69 trillion, only about half the size of Britain's GDP. New Zealand is economically insignificant as the size of its economy is just 10% of Japan's GDP. There is nothing to see in Oceania.

The 10 Richest Countries by Total GDP​

Country	GDP (IMF '24)
United States	28781.08
China	18532.63
Germany	4591.1
Japan	4110.45
India	3937.01
United Kingdom	3495.26
France	3130.01
Brazil	2331.39
Italy	2328.03
Canada	2242.18

Richest Countries in the World 2025

worldpopulationreview.com

 

[shockedcanadian]

Australia and New Zealand are actually far below Canada (#10) in terms of GDP. Australia's GDP for 2024 is $1.69 trillion, only about half the size of Britain's GDP. New Zealand is economically insignificant as the size of its economy is just 10% of Japan's GDP. There is nothing to see in Oceania.

The 10 Richest Countries by Total GDP​

You need to compare per capita PPP.

 

[ThirdTerm]

Using per capita GDP as a metric is problematic. China's per capita GDP is slightly above that of Dominican Republic but it does not mean that China is not an economic powerhouse. Australia's per capita GDP is deceptively high due to the country's low population density. Australia's main industry is mining, which drives a vast majority of the country's export income (62%), but it doesn't employ a lot of people unlike services.

For a meaningful comparison among countries, one often needs to normalize the measure for differences in population size. To address this issue, the first choice is usually to calculate per capita ratios. Such ratios, however, normalize the measure for differences in population size directly only under the highly restrictive assumption of a proportional increase of the measure with population size.

Unfortunately, despite their biases, comparisons based on per capita ratios are still ubiquitous, and they are used for influential recommendations by various global institutions. Their continued use can cause significant damage when employed as evidence for policy actions and should therefore be replaced by a more scientifically substantiated and informative method, such as a regression-based approach.

https://royalsocietypublishing.org/doi/10.1098/rsos.230832

 

[Baron]

The Security Industrial Complex has destroyed communities and driven away our best and brightest.

Emulate us at your own peril. Once your betray civil liberties and replace it with the security cult, the outcome is guaranteed. History is the guide.

https://www.cbc.ca/news/politics/canada-gdp-per-capita-rich-1.7318989

Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it isn't as rich as it once was.

And the wealth gap between Canada and the U.S. has only grown wider, according to figures published by the Organisation for Economic Co-operation and Development (OECD).

Canada's relatively weak economic growth, combined with a population boom, has hit its standing among wealthy countries.

All communist countries have poor inhabitants

 

[BrokeLoser]

The Security Industrial Complex has destroyed communities and driven away our best and brightest.

Emulate us at your own peril. Once your betray civil liberties and replace it with the security cult, the outcome is guaranteed. History is the guide.

https://www.cbc.ca/news/politics/canada-gdp-per-capita-rich-1.7318989

Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it isn't as rich as it once was.

And the wealth gap between Canada and the U.S. has only grown wider, according to figures published by the Organisation for Economic Co-operation and Development (OECD).

Canada's relatively weak economic growth, combined with a population boom, has hit its standing among wealthy countries.

No big deal, there’s an easy fix says your fellow Canucks and all purple hair libs….ain’t that right Dragonlady and Donald H ?
Run down south with a few thousand jumbo jets and get yourselves 20 million illegal Mexicans…Easy-peezy. Add them to your population and TA-DA!!! you’re booming. They will improve and enhance your society/economy in no time.