Canada added just 100 jobs in December
"The overall economy really has been struggling to grow and it was a bit of an oddity that employment had held up so well."
Now let's compare that to pop changes
The Daily — Canada's population estimates, third quarter 2023
Canada's population was estimated at 40,528,396 on October 1, 2023, an increase of 430,635 people (+1.1%) from July 1. This was the highest population growth rate in any quarter since the second quarter of 1957 (+1.2%), when Canada's population grew by 198,000 people. At the time, Canada's...
Canada welcomed 107,972 immigrants in the third quarter. From January to September 2023, immigration reached 79.8% (371,299) of Immigration, Refugees and Citizenship Canada's target of 465,000 immigrants for the year.
Inb4 oh but the global economy is shit. True but let's look at the future predictions and the past.
OECD predicts Canada will be the worst performing advanced economy over the next decade…and the three decades after that - Business Council of British Columbia
Ottawa’s economic growth strategy rests on four shaky pillars: accommodative monetary policy to support interest-sensitive sectors of the economy like credit, housing investment, and durable goods consumption; expansive fiscal policy guided by short-term "guardrails" and lacking a long-term...
bcbc.com
Mind the Gap: Canada is Falling Behind the Standard-of-Living Curve
Mind the Gap: Canada is Falling Behind the Standard-of-Living Curve
Canada’s productivity performance over the past 20 years - Business Council of British Columbia
The 2022 Federal Budget (pages 25-26) acknowledges that Canada’s economy has longstanding structural problems – but the government appears unsure what to do about them. As shown in research published in 2021 by BCBC (Williams, 2021a), and in the Globe and Mail (Williams and Finlayson, 2022), the...
bcbc.com
Out of all developed nations it's one of the worst ones you could live in objectively.
