Quote:
Originally Posted by GullFoss
I wouldn't say I'm happy about higher rates, but I do think they were much needed. Canada hasn't seen growth in per-capita GDP in 10-years, but as country we have been able to paper over the problem with low interest rates and government "tax the rich to subsidize the middle class" fiscal policies.
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This is false. Under every constant measure Canada's GDP per capita is higher in 2021 compared to 2011.
https://data.worldbank.org/indicator...N?locations=CA