Quote:
Originally Posted by Winnipegger
All of this is to say comparing the economic output of Canadian cities to American ones and getting down about ourselves isn't a worthwhile exercise. You'd be better off comparing economic output to European countries and Australia. We will never achieve the aggregate level of wealth the United States presently has, even if we scaled it down to account for smaller population. The US is just simply too unique and dominant in its global position.
|
But Canada was tied with the US for GDP per capita back in 2015 and real income per capita used to be higher.
Here's an old chart:
https://www150.statcan.gc.ca/n1/dail...71122b-eng.htm
Apparently back in the 80's Canada hit 10% higher productivity than the US too. I think Canada has just had poor economic policy recently. Obviously Canada will not hit the total output of the USA but a metropolitan area in Canada can hit comparable economic output to a similar-sized American city.
Threaded Mode