"Even though Canada has the highest percentage of workers with higher education in the G7, the nation's productivity ranks lower than every other nation's in th

"Even though Canada has the highest percentage of workers with higher education in the G7, the nation's productivity ranks lower than every other nation's in this group except Japan. ... By August 2024, Canada's youth unemployment rate was 14.5%, the highest seen since 2012." A lot of does-not-follow suppositions are embedded in this. Nor does the article really seem to be talking about "elites", as career training is not some elite status. During the period in question Canada saw outrageous levels of immigration. The highest population growth, in absolute numbers, in the developed world. It was incredibly destructive. https://dennisforbes.ca/blog/features/10000_brainiacs/ https://dennisforbes.ca/blog/features/10000_brainiacs/ It was kind of the apogee of a problem that had grown for years, where Canada had leaned on low-cost, exploitable imported labour to avoid salary pressures, with that avoiding modernizing, automation, etc. With that massive immigration bulge we also moved to a housing-based economy where people no longer cared about normal avenues of entrepreneurial effort, but instead everyone became real estate speculators. Why start a business when you can just stand in line for some pre-con condos on the notion that you'll flip it at a big gain when complete. Or buy some dilapidated house and become a slumlord for a dozen international students. It was perverse incentive, and has been a lost decade for the country.