"An analysis last year by University of Calgary economist Trevor Tombe found that if Canada had merely kept pace with U.S. productivity growth for the last five

"An analysis last year by University of Calgary economist Trevor Tombe found that if Canada had merely kept pace with U.S. productivity growth for the last five years, Canadian per-capita earnings would be $5,500 higher than they are now." This goes back to the 90's when "Canada is open for business" and instead of getting international investment, international companies bought out Canadian companies en mass, and sucked all that value out. And that's why Canada can't even tread water. You can see this in America with We Work and Reddit IPOs, basically the most value has been removed and the corpse is being dumped in the hope that retail and funds pick it up, only to get screwed.