Sask potash give -away !!!

[furrowtickler]

Check net after tax income in North Dakota compared to Sask

[chuckChuck]

So Furrow what is their net income after they all pay for health insurance?

Furrow do you still not understand that total GDP per capita is not a measure of how well off a state or country is if the majority of the GDP is held by the top 5%?

Alberta also has the highest per capita GDP in Canada and we all know why and its because they are lucky enough to be sitting on a large amount of oil. Just like North Dakota.

[chuckChuck]

Jim Stanford explains it:
Equating average output per person with the standard of living in a country is not credible.
Per capita GDP has a numerator (GDP) and a denominator (population). Canada’s numerator has not performed badly by international standards.
Real GDP growth over the past decade averaged close to two percent per year, despite a shallow recession in 2015 and a bigger downturn during the COVID-19 pandemic. That’s the second fastest among G7 economies, behind only the U.S.
It is the denominator, therefore, that explains Canada’s seemingly poor performance by this measure. GDP has grown but not as fast as the population.
Indeed, in recent years, Canada has had its fastest population growth ([url]https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1710000501[/url]) since the 1950s. The population grew three percent in each of 2023 and 2024, almost entirely due to immigrants – two-thirds of whom were non-permanent arrivals (on temporary work or student visas).
The impact of rapid population growth on an arbitrary statistical ratio hardly proves a broader economic failure.
The link between immigration and GDP is indirect and felt with a time lag. Canada cannot expect the arrival of new Canadians to immediately boost GDP in the same proportion as the existing population for many reasons. It takes time to find work, gain skills and develop productivity.
Any surge in immigration will normally result in lower average per capita GDP, but that doesn’t mean Canada’s previous residents suddenly became poorer. It simply means that Canada is absorbing new people to lay the groundwork for future expansion. The resulting decline in per capita GDP cannot be interpreted as evidence of a more general malaise.
It is also worth noting that many of the business voices now bemoaning Canada’s per capita GDP performance were the same voices demanding more access to temporary foreign labour after COVID-19 (to solve purported labour shortages and reduce wage pressures).
It’s contradictory for them to now complain about poor GDP per capita resulting precisely from the temporary immigration they demanded.
GDP itself – the numerator of the ratio – encounters numerous conceptual and methodological questions, casting further doubt on its validity as a measure of living standards.
GDP includes many components that have no direct bearing on the quality of life, such as depreciation, real estate commissions and imputed rents on housing.
It is tricky to measure real GDP over time and even trickier to compare it across countries, different currencies and different prices.
Moreover, simple per capita averages ignore how GDP is distributed. Only about half of GDP is paid to workers. Much is captured in profits and investment income, disproportionately concentrated at the top of the income ladder.
Very high incomes for a rich elite can pull up average GDP per capita figures, even when most members of a society face hardship.

[shtferbrains]

Most people working in middle or high income jobs have health insurance at work. Often family coverage.
The also have heath coverage for people on social programs.
They might have to wait a while or not have their own Doctor.

There are a wide variety of state and federal programs for low income, pregnancies, seniors, etc.

[agstar77]

U.S. Healthcare comparison.

[furrowtickler]

It’s amazing the level of liberal money laundering that costs taxpayers billions , yet it gets ignored

[fjlip]

Is this good to be #1?

[Hamloc]

U.S. Healthcare comparison.

Agstar certainly healthcare is expensive in U.S. One statistic that isn’t fully explored or compiled in Canada is deaths as a result of delayed access or due to excessive wait times. We definitely need to increase our number of doctors.

[furrowtickler]

Is this good to be #1?

Yep high debt from being way over taxed

[chuckChuck]

I
The US spends significantly more on healthcare as a percentage of GDP and per capita than Canada, with recent data showing the US around 16-17% of GDP compared to Canada's 11-12%, reflecting higher prices, more administrative waste, and greater physician incomes in the US, despite Canada having universally accessible, publicly-funded care with potential for longer wait times for non-urgent procedures.

United States Healthcare Spending (Approximate 2023/2024)

• As % of GDP: Around 16.7%.
• Per Capita: Over $13,000 USD.
• Funding: Mix of public (government) and private (insurance, out-of-pocket).

Canada Healthcare Spending (Approximate 2023/2024)

• As % of GDP: Around 11.2% - 12.1%.
• Per Capita: Around $7,000 - $8,700 USD.
• Funding: Primarily public (over 70% from taxes).

Key Differences

• Cost Drivers: Higher prices for services, drugs, and administration, plus higher physician salaries, drive U.S. costs.
• System Structure: Canada's universal, single-payer-like system contrasts with the U.S.'s multi-payer, private insurance-heavy system, leading to less administrative efficiency in the U.S..
• Outcomes: Despite spending much more, the U.S. often shows worse health outcomes (e.g., infant mortality) than Canada and other nations.
• Access vs. Cost: Canada offers universal access but with potential waitlists; the U.S. offers faster access but at a far greater cost, notes American University of Antigua ([url]https://www.auamed.org/blog/healthcare-in-canada-vs-us/[/url]) and the Commonwealth Fund ([url]https://www.commonwealthfund.org/publications/issue-briefs/2023/jan/us-health-care-global-perspective-2022[/url]).