patrick-boyle 2 months ago
university professor #Power | War | Greed

Patrick Boyle | Canada is a Warning to the Rest of the World

Canada has every advantage a country could ask for vast natural resources, a stable democracy, world-class universities, and a highly educated population. So why has its GDP per capita fallen from 80% of the American level to around 70% in little more than a decade?

 In this video, we look at how a protected economy, a housing market that rewarded sitting still over building things, and a productivity gap that has been quietly compounding for thirty years have combined to create what the Bank of Canada called a "productivity emergency"  and what it might mean for the rest of the developed world.

Patrick Boyle
university professor