GDP lagging

[shtferbrains]

https://www.visualcapitalist.com/mapped-gdp-per-capita-worldwide/

I find this article that places my Canada at #19 in GDP per capita very disappointing.

We are now comparable to a rotting old socialist France.
I bet Mr Treudau sees that as about right.

Australia is # 11. The only advantage they have is better government.

We used to be very comparable to Denmark in many ways. They are still top 10.

Where do we go from here

[burnt]

Rhetorical question. Or maybe you answered it by way of mentioning the reason for Australia's performance.

[bucket]

Canada has oil, gas, wheat, durum, canola, barley, potash, rare elements, gold, etc etc etc

What we don't do is process to a higher value very well.

And we are losing ground . Why???????????????

What company doesnt want to come to Canada , even with Trudeau as leader, with the safety of building here.

[ajl]

The top reasons why value added has never been a big thing is that we are far away from major markets and the government wastes most peoples' time by employing them for political purposes resulting in a perpetual labor shortage.

[WiltonRanch]

The value added conundrum reminds me of the story about the mice wanting to put a bell on the cat’s neck. They had a great idea but no one would do it.

[bucket]

The top reasons why value added has never been a big thing is that we are far away from major markets and the government wastes most peoples' time by employing them for political purposes resulting in a perpetual labor shortage.

I don't know, Quebec just shitcanned using western Canadian natural gas into LNG so where is the win for that.

The other thing is something like potash that is produced within driving range of alot of farms and yet its priced so its not used . Same with the originally government funded saskferco and now we pay NOLA prices.

It costs about 150 bucks a tonne to get potash into a rail car. Not much more for urea at Belle plaine

[blackpowder]

Believe i read years ago that certain large foreign investment funds canned Canada. Too slow, regulated, disorganized, over governed, over taxed.

General public oblivious.
Trudeau so close to his dream.

[jazz]

Where do we go from here

I think you know that Canada peaked under Harper and its straight downhill from here.

Canada has been masquerading as a G7 country for some time. We will be something akin to a G30 or something as there are half a dozen countries that will over take us mostly due to population disparity.

[Hamloc]

Actually quite interesting when you look at it. Certain countries surprised me. Ireland and Switzerland both small countries by land base, both had roughly double the GDP per person that Canada does. Ireland population roughly 4.9 million people, not many more than Alberta, certainly makes one think!

Australia fascinates as well, I have relatives that live there. In some ways a very demanding climate.

[bucket]

Actually quite interesting when you look at it. Certain countries surprised me. Ireland and Switzerland both small countries by land base, both had roughly double the GDP per person that Canada does. Ireland population roughly 4.9 million people, not many more than Alberta, certainly makes one think!

Australia fascinates as well, I have relatives that live there. In some ways a very demanding climate.

All close to population and or easier freight advantages.