OP-ED: The alternative to the “51st state” is a single Canada-U.S. market
"According to the Fraser Institute, Canada had the third-lowest growth in per capita GDP among 30 advanced economies between 2014 and 2022."
Author: Richard Bastien
According to the Fraser Institute, Canada had the third-lowest growth in per capita GDP among 30 advanced economies between 2014 and 2022. For the entire 2015-2024 decade, our GDP per capita grew by a pitiable 1.4%, the second-lowest growth rate of any OECD country.
As bad as that might seem, it’s not the worst part: the OECD now projects Canada to register the lowest economic growth among all OECD countries until at least 2060. And those projections are based on pre-Trump Tariff policies, which means that Canada, currently the laggard of the developed world, could become a Northern version of Venezuela. Adding to this dire view is a recent report from Horizons Policy Canada, allegedly “the Government of Canada’s center of excellence in foresight”. Titled Disruptions on the Horizons: 2024 Report, it suggests “that downward social mobility might become the norm in the future”.
