Canadian living standards are now lower than they were at the end of 2014.
canadian economy
Since 2015 Canada has posted some of the weakest economic growth numbers in half a century.
Prosperity on a per-person basis has been stagnant since the mid-2010s.
Over the last decade, growth in per-person GDP is at its lowest level since the 1930s.
Canada’s average income per person is now lower than income levels in 41 U.S. states.
While the population and federal spending have both risen significantly, growth in real incomes and living standards has stalled.
While the Canadian economy recorded positive overall growth, per-person GDP actually declined.
What’s now known as the "circular economy" was simply business as usual 200 years ago.
Due to Liberal government reforms in the 1990s, per-person program spending dropped by 15.5 per cent.