GDP - PPP - Per Capita - USD - 2023
USA - 81,695.19
Norway - 87,961.78 (Oil and Gas and Hydro Power)
Netherlands - 62,536.73 (No natural resources to speak of - Agriculture and Technology)
Sweden - 56,305.25 (A mountain of Iron and Technology)
Finland - 53,755.91 (No natural resources to speak of - Technology)
Canada - 53,371.70 (All the riches in the world)
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Game plan - defeat the US by achieving the Norwegian level of productivity.
87,961.78 - 53,371.70 = 34,590.08 = 65% increase in productivity and national income.
34,590.08 / WCS at 60 USD per barrel = 576 more barrels of WCS per Canadian per year or 1.6 barrels per day (65 million barrels per day)
Current Canadian production is 4 million barrels per day = .1 barrels per Canadian per day
Norwegian production is about 2 million barrels per day but there are only 5 million Norwegians
Current Norwegian production = .4 barrels per Norwegian per day
Canadian Natural Gas (AECO C) sells at 1.3 USD per MMBTU (~1 GJ)
In the Netherlands the TTF is about 15.3 USD per MMBTU (~1 GJ)
34,590.08 / WCS at 15 USD per GJ = 2306 more GJ of natural gas per Canadian per year or 6 GJ per day (240 million GJ per day)
Current Canadian production is 22 million GJ per day = .5 GJ per Canadian per day
Norwegian production is about 15 million GJ per day but there are only 5 million Norwegians
Current Norwegian production = 3 GJ per Norwegian per day
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We could look at Hydro power but it appears that we are running short of that (climate change will do that to you).
Quebec convinced U.S. states to buy its abundant green energy, only to realize it won't be able to produce enough hydro electricity. Read on.
financialpost.com
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On the other hand we have lots of coal which sells at about 200 USD per tonne
34,590.08 / Coal at 200 USD per tonne = 173 more tonnes of coal per Canadian per year or 0.5 tonnes per day (20 million tonnes per year )
Current Canadian production is 47 million tonnes per year = 129,000 tonnes per day = 0.003 tonnes per day
Australian production is about 422 million tonnes per year = 1,156,000 tonnes per day but there are only 27 million Aussies
Current Australian production is 0.042 tonnes per Aussie per day
And we have uranium at about 69 USD per lb.
34,590.08 / Uranium at 69 USD per lb = 500 more lbs of uranium per year or 1.4 lbs per day (55,000,000 lbs per year or 25,000 tonnes per year)
Current Canadian production is 7351 tonnes (2022) to 11,373 tonnes (2023) per year = 20 to 30 tonnes per day.
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Double our uranium out put from 1.5 to 3 lbs of uranium per day
Raise our coal out put to Australian levels from 3 kg to 42 kg per day
Raise our oil production to Norwegian levels from 0.1 barrel to 0.4 barrel per day
Raise our gas production to Norwegian levels from 0.5 GJ to 3 GJ per day.
Export directly from Canadian ports.
I reckon that would make a dent in our GDP.