[chemgear]

Originally Posted by Harry Lime

Didn't our gdp per capita fall for the first time since WW2, or some nonsense. The problem isn't immigration, it's that there was no plan to scale up the population, and the result is chaos in housing, employment and infrastructure.

Lack of effective governance is effectively neutering the positive effects of growth.

First time? It's declined five of the past six quarters.

https://www150.statcan.gc.ca/n1/pub/.../00001-eng.htm

Real GDP per capita has now declined in five of the past six quarters and is currently near levels observed in 2017. Recent reports by Porter (2024), Ercolao (2023), and Marion and Ducharme (2024) have all stressed the trend towards weaker per capita growth, highlighting its negative implications for living standards and wage growth. Recent declines in per capita output have also brought concerns over Canada’s weak productivity performance to the fore, since historically, much of the long-term growth in GDP per capita has reflected sustained improvements in labour productivity.