Dear John,

Canada is in a full-blown economic growth crisis.

A new study published by the Fraser Institute today finds that Canada’s per-person GDP is growing at its slowest rate since the 1930s and the Great Depression.

Per-person GDP is the value of goods and services per Canadian. It is a common measure of prosperity.

From 2013 to 2022, per-person GDP in Canada grew by a dismal 0.8% (after adjusting for inflation).

And this can't be blamed on COVID: from 2016 to 2022, per-person GDP in the United States (adjusted for inflation) grew by 11.7% compared to just 2.8% in Canada.

Read the full study here, and be sure to share this news on social media.

Sincerely,

Niels Veldhuis
President
The Fraser Institute