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Canada’s GDP per capita rose just 4 percent despite more migrants, Benny Johnson points out

Canada’s GDP per capita rose just 4 percent despite more migrants, Benny Johnson points out
Canada outpaces U.S. in migration, lags in GDP

Benny Johnson questions the link between mass immigration and economic growth by comparing Canada and the U.S. He notes that when Canada added over 3.5 times more migrants per capita than the U.S., its GDP per capita increased by only 4 percent, while the U.S. saw a nearly 23 percent rise. Johnson asks why Canada’s economy is not outperforming the U.S. despite its higher migrant intake.

Johnson has commented on market activity in other sectors. He recently reported that Nike will be removed from the S&P 100 following an 80 percent stock drop over five years. He has also covered developments around Trump donors seeking to acquire CNN as part of the Paramount and Warner Brothers merger.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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