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Canada's economy is sliding dramatically compared to the United States in 2023 the US reported a GDP per capita of almost $65,000 that is compared to Canada which is just over $45,500 so how did Canada stray so far from the United States you know broadly does this stem from the US doing something really well or Canada doing something really poorly well that's a great question so if you look at last year you gave the 2023 data for Canada that's just slightly below where the Canadian economy was per person 10 years prior to that back in 2014 whereas in the United States we've seen growth of over 19% uh by that measure but it's not just us versus the United States that's diverging our position relative to the G7 has also been deteriorating our uh Divergence with all advanced industrial economies in What's called the oecd uh group of countries 2024 might be the first year where Canada Falls below the oecd average and and that is a sharp reversal from the roughly 10% advantage that we held for the quarter Century between 1990 and 2015 so it's not just a unique American success story it is really a story about Canada's economy lagging behind where we'd like it to be