
Refers to per capita growth.OECD reports…
If you get a tweet about a report without a link to said report, 9 times out of 10 you're being spoon fed BS.
I can't remember if it was Toronto Sun or The Hub or whatever, but they said USA GDP gowth was projected to be double of Canada's this year and next yearRefers to per capita growth.
One observation is that Canada's per capita GDP is already pretty high, so there might just be less room for improvement.
Another observation, though, is that Canada's per capita GDP is not as high as the US and the OECD seems to think the US is going to do well.
Not a good indicator for Canada.
Pretty much, not to mention the evidence provided doesnt support the statementIf you get a tweet about a report without a link to said report, 9 times out of 10 you're being spoon fed BS.
No, but if you search the topic, the evidence exists, in this case. Whether Canada occupies position #38 I don't know, but the numbers are very unfavourable. Hiding behind an "Aha!" doesn't make things better for us.Pretty much, not to mention the evidence provided doesnt support the statement
Social media is the worse sometimes.Pretty much, not to mention the evidence provided doesnt support the statement
The graph in the tweet showing 2015-2024 data doesn’t appear to bear any relationship to the headline claim. Do you check this slop before posting it?
Some of us like actual evidence. Can you please point us to what on that website projects Canada’s GDP growth relative to other states by 20260? The onus is on someone making or defending a claim to back it up.If you want to deep dive, go for it
A few here don't want to hear news thats not so good for Canada. Either choose to face reality or keep ignoring it pretending it’s not so.
Read, son, read.Some of us like actual evidence. Can you please point us to what on that website projects Canada’s GDP growth relative to other states by 20260? The onus is on someone making or defending a claim to back it up.
Any GDP Growth projection gets pretty questionable any more than a few years out.
Not to mention GDP per capita should be accelerating upward as immigration is clawed backSome of us like actual evidence. Can you please point us to what on that website projects Canada’s GDP growth relative to other states by 20260? The onus is on someone making or defending a claim to back it up.
Any GDP Growth projection gets pretty questionable any more than a few years out.
The tweet passes the truthiness test, all that matters to some.Some of us like actual evidence. Can you please point us to what on that website projects Canada’s GDP growth relative to other states by 20260? The onus is on someone making or defending a claim to back it up.
Any GDP Growth projection gets pretty questionable any more than a few years out.
You haven’t pointed me at anything specific to read, dad.Read, son, read.
I accept the original X post so I am ok with it.
From google AI (take with a grain of skepticism)
The OECD ranks Canada among the lowest of its member nations for GDP per capita growth, particularly over the last decade. While aggregate GDP has shown resilience, persistent population growth has masked weak per-capita performance, resulting in Canada having one of the weakest standards-of-living growth rates in the developed world.
Conversely, in terms of aggregate (total) GDP growth, Canada has often performed closer to the middle of the pack due to high population increases, but this does not translate to higher individual prosperity.
- Long-Term Projection: The OECD projects Canada will rank dead last (38th out of 38) in real GDP per capita growth among member countries from 2020–2030 and 2030–2060.
- Recent Performance: From 2014 to 2022, Canada ranked third-lowest out of 30 OECD countries for average growth in GDP per capita.
- Post-Pandemic Recovery: Canada experienced the 5th weakest recovery in real GDP per capita among OECD countries between 2019 and 2022.
- Income Decline: Canadian GDP per capita fell below the OECD average in 2022, and it is projected to fall further behind, with projections suggesting it could be US \(\$8,617\) below the average by 2060.
- Context: This underperformance is largely attributed to weak productivity growth, low capital investment per worker, and high population growth outpacing economic output. (Source is OECD)
I did some searching on this one with similar results. I believe we’re being treated to regurgitated editorializing from several years ago, derived from analysis of reports earlier still.Most searches will turn up links to information synthesized from OECD reports.
OECD sources are difficult to pin down, but can be found for those interested. Many will be PDFs. Be sure to check publication dates; some are outdated by a decade or more.
One principle of war that would benefit Canada as a whole is Select and Maintain the Aim.Along with other poor performing economic indicators, this tells us that Canada is circling the bowl.
Not a great place to invest, amongst other things.
Dont bother.I did some searching on this one with similar results. I believe we’re being treated to regurgitated editorializing from several years ago, derived from analysis of reports earlier still.
Not to suggest Canada is an economic panacea. Far from it. But the claim made in that tweet doesn’t seem to hold up with any demonstrable currency.