This data confirms what anybody who has ever lived in Canada knows: the country has gotten a lot poorer, consumer and government debt are soaring and Canadians are faring much wore than other developed nations, primarily the United States.

QuoteA recent survey indicates that the majority of Canadians feel worse off now than in 2020. New data from Statistics Canada show these feelings aren't unfounded, and that Canadians indeed suffer a worse standard of living than they had in recent years.

According to the survey, 61 per cent of respondents said they are financially worse off than they were before the pandemic, while 89 per cent find it harder to manage expenses on everyday items such as food and shelter. In other words, most Canadians feel they have a lower standard of living than they did in recent years.

The new numbers from Statistics Canada show that inflation-adjusted (GDP)---the final value of all goods and services produced in the economy---shrank by 0.4 per cent during the second quarter of 2025 (i.e. from the beginning of April to the end of June). Population growth was essentially flat during those same three months, meaning inflation-adjusted per-person GDP---a broad measure of individual living standards--- declined to $58,855 as of July 2025.

However, Canadian living standards have been stagnant since long before President Trump retook office---indeed, the current standard of living is below the level it was in the middle of 2019 ($59,905) before the pandemic. Moreover, stagnant living standards aren't a universal problem. For perspective, per-person GDP (adjusted for inflation) in the United States grew by 11.0 per cent from mid-2019 to mid-2025.

Simply put, not only do Canadians feel that they are worse off than in recent years, the data shows they actually are. As such, governments across the country must implement policies that promote economic growth.

uncompetitively high taxes make Canada less attractive to top talent while also discouraging productive economic behaviour like work, savings, investment and entrepreneurship. Both of these effects act as a drag on the economy, and as such policymakers are correct to highlight these areas.

Not only do Canadians feel they are worse off than they were in recent years, new data shows that living standards actually are worse off. To help turn things around, governments across the country must pursue policies that promote economic growth.
https://www.fraserinstitute.org/commentary/canadians-dont-just-feel-worse-they-actually-are

This is what Pierre Polivere said about the data from Statistics Canada.

QuoteWe should be the richest country in the world. But Canada's current standard of living is lower than it was in 2019—while the U.S. saw an 11% increase over the same period.

Liberal taxes, inflation and red-tape drive investment and jobs south while crushing the value Canadians paycheques and taking 42% of what's left.

Mark Carney's handout & bailout economy is making a small group of elite rich by making everyone else poor.

Unlock free enterprise, cut spending & taxes, restore sound money to enrich all our people.

Quote from: Shen Li on September 03, 2025, 09:00:05 PMThis is what Pierre Polivere said about the data from Statistics Canada.

Mind you Americans aren't doing very well these days either Shen Li Shen. Like the rest of the world most are struggling.


And the job market there isn't great either.

Just because the top 1-10% have seen their stock portfolios grow & are doing well doesn't mean the other 90% are.

Maybe Singapore is doing well or better than most countries but much of the world is either slowing down or sliding into a recession Shen Li Shen.

Didja see the Gold price today?

Record highs. $3500 an ounce while the stock market is going sideways. When Gold spikes like that people are scared. Not just the USA but Asia too. Actually Asians are the biggest hoarders of gold and are driving the prices up. I suspect they think something is  coming & is around the corner Shen.

Quote from: Shen Li on September 03, 2025, 09:00:05 PMThis is what Pierre Polivere said about the data from Statistics Canada.

He left out letting in armies of unskilled labour.

Quote from: Shen Li on September 03, 2025, 08:57:29 PMThis data confirms what anybody who has ever lived in Canada knows: the country has gotten a lot poorer, consumer and government debt are soaring and Canadians are faring much wore than other developed nations, primarily the United States.

There is nothing the federal government is doing to reverse course and get us back on track. Carney lied about reducing immigration.

I'm glad I made my money but I hate to think how bad things will get for my grandkids. That RCMP report how the broke dystopian society Canada will be is not that far off. We will see it in a decade or so.

QuoteCanadian living standards have been stagnant since long before President Trump retook office---indeed, the current standard of living is below the level it was in the middle of 2019 ($59,905) before the pandemic. Moreover, stagnant living standards aren't a universal problem. For perspective, per-person GDP (adjusted for inflation) in the United States grew by 11.0 per cent from mid-2019 to mid-2025.

Canadian voters should be outraged by this.

Quote from: DKG on September 04, 2025, 07:23:48 AMCanadian voters should be outraged by this.

They show their outrage by reelecting the traitors responsible for this.

Quote from: JOE on September 03, 2025, 09:32:36 PMMind you Americans aren't doing very well these days either Shen Li Shen. Like the rest of the world most are struggling.

And the job market there isn't great either.

Just because the top 1-10% have seen their stock portfolios grow & are doing well doesn't mean the other 90% are.

Oh Sweetie, you cannot counter data from Statistics Canada with a youtube video. That is your own country showing America is much richer and doing much better.

Canada is one of the very worst performing advanced economies. The gap between America and Canada will only widen further in the coming years as America pursues growth and Canada's economy fizzles due to deliberate slow growth policies. While I find your patriotism adorable, it only enables the bad decisions that are putting Canada's first world status in jeopardy.

OECD predicts Canada will be the worst performing advanced economy over the next decade...and the three decades after that
https://www.bcbc.com/insight/oecd-predicts-canada-will-be-the-worst-performing-advanced-economy-over-the-next-decade-and-the-three-decades-after-that/

Canada Set Up To Be Worst-Performing Western Economy For Decades
https://capforcanada.com/canada-set-up-to-be-worst-performing-western-economy-for-decades/

Why Canada's economic growth is expected to be dead last among advanced countries
https://www.theglobeandmail.com/business/commentary/article-why-canadas-economic-growth-is-expected-to-be-dead-last-among-advanced/

Canada is in economic decline
Here's why the OECD is projecting that Canada will be dead last among advanced countries over the next 40 years
https://nelsonvoice.ca/business/canada-is-in-economic-decline/

Canada Is One of the Worst Performing OECD Economies Since 2014
https://www.voronoiapp.com/economy/-Canada-Is-One-of-the-Worst-Performing-OECD-Economies-Since-2014-4553

Quote from: Brent on September 04, 2025, 12:02:33 PMThey show their outrage by reelecting the traitors responsible for this.

Canada's performance since 2015 has been dismal. Not just economically either, but mostly so. Canada's GDP per capita was at par or slightly ahead of America when Mr. Harper left office. Now Canada's most talented citizens are leaving their countries droves to find opportunities in America than they cannot get at home.

Quote from: Thiel on September 04, 2025, 01:07:37 PMOh Sweetie, you cannot counter data from Statistics Canada with a youtube video. That is your own country showing America is much richer and doing much better.

Canada is one of the very worst performing advanced economies. The gap between America and Canada will only widen further in the coming years as America pursues growth and Canada's economy fizzles due to deliberate slow growth policies. While I find your patriotism adorable, it only enables the bad decisions that are putting Canada's first world status in jeopardy.

OECD predicts Canada will be the worst performing advanced economy over the next decade...and the three decades after that
https://www.bcbc.com/insight/oecd-predicts-canada-will-be-the-worst-performing-advanced-economy-over-the-next-decade-and-the-three-decades-after-that/

Canada Set Up To Be Worst-Performing Western Economy For Decades
https://capforcanada.com/canada-set-up-to-be-worst-performing-western-economy-for-decades/

Why Canada's economic growth is expected to be dead last among advanced countries
https://www.theglobeandmail.com/business/commentary/article-why-canadas-economic-growth-is-expected-to-be-dead-last-among-advanced/

Canada is in economic decline
Here's why the OECD is projecting that Canada will be dead last among advanced countries over the next 40 years
https://nelsonvoice.ca/business/canada-is-in-economic-decline/

Canada Is One of the Worst Performing OECD Economies Since 2014
https://www.voronoiapp.com/economy/-Canada-Is-One-of-the-Worst-Performing-OECD-Economies-Since-2014-4553

BULLSEYE!!

Conman Carney says we need more TFW's because the unemplyment rate aint going up as fast as he wants it to.

Quote from: Herman on September 05, 2025, 09:40:07 PMConman Carney says we need more TFW's because the unemplyment rate aint going up as fast as he wants it to.

I am just getting warmed up.

Quote from: Mark Carney on September 06, 2025, 11:09:03 AMI am just getting warmed up.

You've been an Excellent Prime Minister so far Mark Carney Mark Carney!

Quote from: JOE on September 06, 2025, 11:57:13 AMYou've been an Excellent Prime Minister so far Mark Carney Mark Carney!

Pussycat, I can set my watch to this troll reply to Mr. Carney.