this post was submitted on 06 Sep 2023
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Canada has been in the top two or three for a very long time. Someone challenged that the rest of the world was falling and Canada was probably way lower in 2016. I went back and checked and we were number 2 in 2016 as well.
Pretty much. They're complaining about housing prices and inflation just as much or more in New Zealand, Germany and the UK.
Canada probably is a B- but has the advantage of being next door to the largest economy in the world. Canada is also vast with abundant resources. We were always going to be a prosperous country as long as we can avoid too much corruption (Russia is a more vast country with more abundant resources, butโฆ)
I still think it's useful to look at other countries that may even be beneath us (according to this list) and borrow liberally from where they exceed us. We are doing about as well as anyone else, but we can do better.