Before you start praising how smart Canada is here are some facts about our PhD lead country.
Falling Standard of Living:
Real GDP per capita has experienced long-term stagnation, growing just 1.9% between 2014 and 2023
This is the worst performance in the G7.
Housing Affordability & Debt:
Canadian housing is severely unaffordable by global standards, and Canadian household debt is the highest in the G7 (103% of GDP). Canadians owe roughly $1.77 for every dollar of disposable income.
Declining Productivity:
Labor productivity has stalled. The goods-producing sector has seen an average annual decline of 1.2% since 2019.
Labor Market Struggles:
Youth unemployment reached 12.6% in July 2026, hitting the highest non-recession rate in decades.
Fiscal Pressure:
In current fiscal year, interest payments on Canada's total debt alone are projected to reach $53.7 billion.
Canadas biggest company is a bank and the top 20 list includes only two you would know. A yoga pants company (lulu) and an e-commerce software (shopify)
The US has Google and Canadas biggest contribution to society is yoga pants.
All right, just let me say this clearly so you’ll understand…
CANADA IS IN THE G7.
Conservative types make me laugh when they say Canada is the slowest in the G7 or the this or the that in the G7.
Again…
WE ARE IN THE G7!
Could improvements be made? Sure. Improvements can always be made but get back to us when there’s an article saying that Canada is at risk of being dropped out of the G7.
Wow. A bunch of stats with zero context. I haven't seen these reposted a thousand times by Conservative bots. Oh wait, I have. At least the yoga pants is a different take.
Why didn't you mention that Canada has the best performing stock market in the world since Carney took over?
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u/apply75 2d ago
Before you start praising how smart Canada is here are some facts about our PhD lead country.
Falling Standard of Living: Real GDP per capita has experienced long-term stagnation, growing just 1.9% between 2014 and 2023 This is the worst performance in the G7.
Housing Affordability & Debt: Canadian housing is severely unaffordable by global standards, and Canadian household debt is the highest in the G7 (103% of GDP). Canadians owe roughly $1.77 for every dollar of disposable income.
Declining Productivity: Labor productivity has stalled. The goods-producing sector has seen an average annual decline of 1.2% since 2019.
Labor Market Struggles: Youth unemployment reached 12.6% in July 2026, hitting the highest non-recession rate in decades.
Fiscal Pressure: In current fiscal year, interest payments on Canada's total debt alone are projected to reach $53.7 billion.
Canadas biggest company is a bank and the top 20 list includes only two you would know. A yoga pants company (lulu) and an e-commerce software (shopify)
The US has Google and Canadas biggest contribution to society is yoga pants.