Radio-Canada.ca on Nostr: Canada is getting poorer when compared to its wealthy peers, data shows ========== ...
Canada is getting poorer when compared to its wealthy peers, data shows
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Canada's economic growth is lagging behind peers like Australia, New Zealand, and the UK; OECD data indicates a widening wealth gap with the U.S.; Prime Minister Justin Trudeau seeks advice from Mark Carney to boost growth; Canada's GDP grew by 1.1% while population increased by 3.2% in 2022; GDP per capita fell 0.1% in Q2 2023, marking five consecutive quarterly declines; Canada's GDP per capita was 72% of the U.S. in 2022, down from 80% in 2002; Canada's GDP per capita was $46,035, below OECD average of $46,266; Experts warn of potential emigration due to economic opportunities in the U.S.; Calls for improved corporate culture and reduced interprovincial trade barriers; Future growth projections: 1.3% in 2024 and 2.4% in 2025 according to IMF.
#Canada #Economy #Oecd #Gdp #JustinTrudeau #MarkCarney #Immigration #Productivity #WealthGap #EconomicGrowth
https://ici.radio-canada.ca/rci/en/news/2103935/canada-is-getting-poorer-when-compared-to-its-wealthy-peers-data-shows
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Canada's economic growth is lagging behind peers like Australia, New Zealand, and the UK; OECD data indicates a widening wealth gap with the U.S.; Prime Minister Justin Trudeau seeks advice from Mark Carney to boost growth; Canada's GDP grew by 1.1% while population increased by 3.2% in 2022; GDP per capita fell 0.1% in Q2 2023, marking five consecutive quarterly declines; Canada's GDP per capita was 72% of the U.S. in 2022, down from 80% in 2002; Canada's GDP per capita was $46,035, below OECD average of $46,266; Experts warn of potential emigration due to economic opportunities in the U.S.; Calls for improved corporate culture and reduced interprovincial trade barriers; Future growth projections: 1.3% in 2024 and 2.4% in 2025 according to IMF.
#Canada #Economy #Oecd #Gdp #JustinTrudeau #MarkCarney #Immigration #Productivity #WealthGap #EconomicGrowth
https://ici.radio-canada.ca/rci/en/news/2103935/canada-is-getting-poorer-when-compared-to-its-wealthy-peers-data-shows