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<title>Canada&#x26;#x2019;s Standard of Living, Economy Is Suffering Downturn. Blame Trudeau.</title>
<link>https://freerepublic.com/focus/f-bloggers/4254508/posts</link>
<description>Canada&#x26;#x2019;s standard of living is on track for its worst decline in 40 years, according to a new study by Canada&#x26;#x2019;s Fraser Institute. The study compared the three worst periods of decline in Canada in the last 40 years&#x26;#x2014;1989, 2008, and today. They found that unlike the previous recessions, Canada is not recovering this time. Something broke. In fact, according to the Financial Post, since 2019, Canada&#x26;#x2019;s had the worst growth out of 50 developed economies. On the ground, that means inflation-adjusted Canadian wages have been flat since 2016. So, yes, something broke. And it&#x26;#x2019;s nowhere near over: Canada&#x26;#x2019;s per-person...</description>
<author>The Daily Signal Blog</author>
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<pubDate>Sat, 27 Jul 2024 18:23:06 GMT</pubDate>
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