We get ripped off on a lot - food, booze, mobile phones, sales taxes, income taxes, the lack of opportunity created by our relatively sclerotic economy... US per capita GDP is over a third bigger than Canada’s, and given the way we mismanage our economy that’s only going to get worse. Even Australia is a significantly more prosperous country than Canada.
Country comparison, you can compare any two countries and see the data side by side. Here you have the comparison between
countryeconomy.com
Country comparison, you can compare any two countries and see the data side by side. Here you have the comparison between
countryeconomy.com
I think we’re nuts but it’s the price we pay for Canadian socialism, and when you add up Liberal and NDP support it appears a majority of the population is just fine with that. Though I guess we’re off the charts on the social justice meter, so that’s all good.
Hold on......I'm all for comparing countries and cities to gain insights into where other places have a solution or a better solution to some of our problems.
Canada does do a number of things well; as does Toronto, but there are clearly areas where we lag in either absolute, or relative terms.
But when you run off on a tangent about socialism in Canada which we most certainly don't have you've completely lost the thread.
Australia, which you compared us to also has universal healthcare, a higher minimum wage, 4 weeks paid vacation by law..........I didn't see you labelling it socialist in your comparison.
As compared with not only Scandinavia, but with much of central and western Europe Canada is less social-progressive and less collectivist.
Let's get a grip.
Cell phone and internet are over priced.
A portion of that, realistically, is the vast geography of Canada and the cost of laying down fibre or putting up cell towers.
But a larger portion is an oligopoly of publicly traded companies; the cheapest coverage in Canada is in Saskatchewan, provided by a crown corporation.
Beer prices are way high, that's taxes as well as the fact there's no wholesale market for restaurants. I have no issue w/addressing the latter as the current regime benefits a private monopoly here in Ontario.
Lowering beer taxes, while we have a deficit, and critical spending needs, seems more dubious. But you know, we could trade for typical European sales tax rates closer to 20% and use that to reduce beer tax.........
****
When it comes to GDP per capita...........I'm challenged by the numbers in your source. Wikipedia uses three different sources the IMF, World Bank and CIA with a PPP adjustment (which rather matters)
IMF shows
18 | | 49,882 |
— | | 49,827 |
19 | | 49,613 |
20 | | 49,247 |
21 | | 48,141 |
World Bank shows
CIA shows
20 | | 49,900 | 2017 est. |
21 | | 49,900 | 2015 est. |
— | | 49,800 | 2017 est. |
22 | | 49,600 | 2017 est. |
— | | 49,500 | 2015 est. |
23 | | 49,200 | 2017 est. |
24 | | 48,100 | 2017 est. |
I think your being a bit overly harsh in your comparisons.
Also, GDP per capita is distorted for a host of reasons, as we all know.
Now, there is no perfect economic stat.
All stats offer a particular insight which by definition does not reflect the as-lived situation for every person.
Be that as it may.
I rather prefer median household income.
Also from Wikipedia:
1 | Luxembourg | 52,493 | 18,418 |
2 | Norway | 51,489 | 19,308 |
3 | Sweden | 50,514 | 18,632 |
4 | Australia | 46,555 | 15,026 |
5 | Denmark | 44,360 | 18,262 |
6 | United States | 43,585 | 15,480 |
7 | Canada | 41,280 | 15,181 |
8 | South Korea | 40,861 | 11,350 |
The glass may not be as empty as you think.