4 ms·
It really isn't, though. America's real GDP growth rate has been outpacing Canada's for decades now, and it's reflected in Canada's low average salaries relativ
by cal5k 6y ago
It really isn't, though. America's real GDP growth rate has been outpacing Canada's for decades now, and it's reflected in Canada's low average salaries relative to the US in a lot of top fields.
Add to that the Canadian dollar's likely continued weak performance and you can make significantly more in the US if you're at the top of your field.
The difference in GDP per capita, even adjusted for PPP, is significant and quite durable:
https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locations=CA-US https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locat...
I personally don't see how that gap doesn't become wider over time, because our economic policies favour oligopolies over robust competition in many sectors, and we've been actively sabotaging any attempt to develop our bountiful natural resources.
- poulsbohemian 6y ago>It really isn't, though. America's real GDP growth rate has been outpacing Canada's for decades now Parent poster likely isn't referring to the economic outlook.
- cal5k 6y agoYes, however I'm pointing out that Canadian smugness is generally unearned.