Oh, cool, the Frasier Institute. These are the people writing the stories that the BS factories pump[ out to convince people our country is broken. Funny you left out this part of the CBC article:
Quote:
Recent Statistics Canada data shows why: Canada's economy is growing overall but at a disappointing rate relative to population growth.
The country added nearly 1.3 million people last year — a 3.2 per cent increase — while the economy grew by just 1.1 per cent in the same time period. That means more people taking slices out of an economic pie that hasn't grown much bigger.
The news isn't all bad. Data shows real weekly earnings — a person's take home pay — has actually increased in Canada, even when accounting for inflation. The household savings rate is also up.
And there may be some improvement on the horizon; Canada's economic growth is expected to hit 1.3 per cent in 2024 and 2.4 per cent the year after, according to International Monetary Fund (IMF) data.
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Are there challenges? Yes. Are we broken? No.