Kevin Bryan: Canada has seen weak real GDP per capita growth compared to U.S.

Kevin Bryan: Canada has seen weak real GDP per capita growth compared to U.S.
Canada GDP growth lags U.S. performance

Kevin Bryan draws attention to Canada's lackluster economic performance, noting that real GDP per capita has only risen by 4.0% over the past 12 years, and just 0.7% in the last seven years. In comparison, the U.S. achieved gains of 22% and 13% for those respective periods. Bryan also highlights that in the year since Carney became prime minister, the increase was just 0.2%, despite a declining population, suggesting the issue is not due to population changes.

Bryan has previously detailed that $125,000 is just below the U.S. median income for two-adult families, with $250,000 ranking near the 90th percentile in expenses (link). He has also analyzed how small business owner income declines sharply after the founder leaves, emphasizing the role of labor in earnings (link). These observations provide additional context to his recent remarks on growth and income trends.

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