Canadians experiencing second-longest and third-steepest decline in living standards in last 40 years
Changes in Per-Person GDP (Income): 1985 to 2023
By Fraser Institute —— Bio and Archives--May 16, 2024
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—From 2019 to 2023, Canadian living standards declined—and as of the end of 2023, the decline had not yet ended, finds a new study published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Despite claims to the contrary, living standards are declining in Canada,” said Grady Munro, policy analyst at the Fraser Institute and co-author of Changes in Per-Person GDP (Income): 1985 to 2023.
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