Canada's Economy is in Trouble Unlisted Video
Canada is a G7 superpower that has some of the highest standards of living on earth. However, a recent OECD survey projected that Canada would have the slowest GDP growth of all advanced nations. But why?
In this video I unpack why Canada's economic future looks bleak.
1) GDP Productivity: Canada's GDP productivity continues to decline and has fallen more than most advanced nations (excluding Japan and Italy)
2) Industrial Profile: Canada's economy is heavily reliant on natural resources, but the government is transitioning away without a back-up -- especially since tech is still a small segment of the economy.
3) Affordability: Housing is extremely unaffordable, primarily driven by lack of development.
4) US Competition: The US has proven itself to be a more attractive place for business and talent.
0:00 Introduction
1:11 GDP Productivity
2:13 Oil & Gas and Natural Resource Reliance
5:15 Housing Affordability
7:18 Competing Against the United States
8:14 Conclusion
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