Quote:
Originally Posted by 2ArmBands
Alberta and Saskatchewan. Two great provinces!
Also coincidentally the two provinces with the highest GDP per capita in Canada.
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I think I’m going to drink every time someone uses GDP per capita. It’s the only way to put me out of my misery, because this entirely useless and meaningless statistic just gets used constantly.
It’s so annoying. Go look at Ireland and how they have this massive GDP per capita, and it’s all due to low corporate tax so Apple and other companies have funnelled profits through Ireland. It’s been called “Leprechaun Economics”, and sure the per capita GDP is $100k/ person, but it’s meaningless. There is a lot of disparity and it’s basically an inflated figure. All the dumb graphs that show how terrible Canada is, also show Ireland with this massive figure, and both are misleading. Ireland, as I explained, and Canada because our population has increased substantially. So, while growth hasn’t been good in Canada, the denominator has increased significantly and the per capita GDP declined.