Canada's declining productivity and GDP per capita gap with US spark Finance committee debates over reasons

Recent discussions in Canada highlight concerns over the country's declining productivity, with GDP per capita comparisons between Canada and the US revealing a persistent gap. Data indicates that Canada's relative purchasing power has been decreasing since 1980, with periods of lagging GDP per capita. The issue has sparked debates in the Finance committee, with MPs questioning the reasons behind Canadians getting poorer while Americans are getting richer.