The worst results since 1965.
Prime Minister Justin Trudeau says the economy isn’t numbers.
“We have remembered that the economy is not numbers. The economy is people,” said Trudeau in February.
Only someone as ignorant as Trudeau could make such a foolish statement.
Of course, the economy is all about numbers, and those numbers matter to people.
The number in our bank account matters.
The price of groceries matters.
The price of gas matters.
The cost of housing matters.
On and on.
Yet, we can see why the Liberals don’t want to talk about Canada’s economic numbers because those numbers are terrible.
In particular, we are already in a per capita GDP recession, with most Canadians getting poorer month after month.
And according to RBC Economics, our per capita GDP underperformance compared to the United States is the worst it’s been since at least 1965:
“Via economics team at @RBC: “Since 2019, Canadian GDP per capita has declined 2.8% versus a 7% increase in the U.S. That marks the largest underperformance of the Canadian economy versus the U.S. over a comparable period since at least 1965.”
Via economics team at @RBC: "Since 2019, Canadian GDP per capita has declined 2.8% versus a 7% increase in the U.S. That marks the largest underperformance of the Canadian economy versus the U.S. over a comparable period since at least 1965."
— Paul Vieira (@paulvieira) April 24, 2024
If I was in government and the economy was this terrible, I wouldn’t want to talk about numbers either.
But the numbers don’t lie.
The Liberal economic record is horrendous, and Canadians are paying the price.
Spencer Fernando
