Canada's real GDP per person has been in decline since 1985, diverging from the U.S. Former Bank of Canada governor Stephen Poloz warns about low business investment and lost productivity. Economists predict continued poor economic growth for the next two decades, with private investment facing pressure from government spending and trade uncertainty. Per capita GDP decline coincides with Justin Trudeau's time in power, leading to stagnant living standards and rising unemployment.
Canada living standards stagnate, unemployment soars https://t.co/VuE9eHcYv0
"Stephen Poloz asks pension funds for ‘actionable ideas’ on how to increase investments in Canada" via @GlobeAndMail https://t.co/C3lmyNaGhI
Canada's Per Capita GDP Decline Just So Happens To Coincide With Justin Trudeau's Time In Power. https://t.co/4UvtlJNORU
Private investment under pressure from government spending, trade uncertainty, Poloz says https://t.co/HwaICuiU1l
Stephen Poloz asks pension funds for ‘actionable ideas’ on how to increase investments in Canada https://t.co/M6ZDoCIdKb
Former BoC governor Stephen Poloz warns on low business investment, lost productivity https://t.co/32AYrUhByV
Former BoC governor Stephen Poloz warns about low business investment, lost productivity https://t.co/s0N28liYSN
Several economists have forewarned that Canada’s poor economic growth is far from over, however, a new report is suggesting it may be here to stay for the next two decades. Read more: https://t.co/ujpxs7khlz https://t.co/8O5890FchX
Former BoC governor Stephen Poloz warns on low business investment, lost productivity https://t.co/wXqHYgvxto #cdnpoli Find out more at https://t.co/xofn4ZIXij https://t.co/polsYitDyx
Around the mid-2010s, Canada diverged from the U.S. and is now getting poorer. https://t.co/H3MAvYYdeH
"Canada has experienced one of the longest and deepest declines in real GDP per person since 1985," per the Financial Post.