Canada Made It a Habit to Drive Investors Away

Canada’s economy has experienced minimal growth per capita over the last decade, with a compounded annual growth rate of 0.41 percent. This slow growth is not unique to Canada among advanced economies, but several comparable nations, including Japan, Germany, the UK, and Spain, have shown better performance. More significantly, countries like South Korea and the United States have demonstrated substantially higher growth rates.

• Canada’s GDP per capita has grown at an average annual rate of 0.41 percent over the past 10 years.
• This growth rate is lower than several other advanced economies, including Japan, Germany, the UK, and Spain.
• South Korea and the United States have achieved significantly higher GDP per capita growth rates.
• The World Bank data highlights the disparity in economic performance over the past decade.