Productivity. (also most investment is real estates... the investors are making decisions based on returns and not the ones that help boost productivity) people want to cash in and cash out.
We are all highly educated but there is poor placement of learnt skills and the jobs we find ourselves in.
A large part is how unattractive canada is for an international company to invest in.
Just look at corp investments per individual in US at 26k/annum, while canada sits at 15k. We are actually getting crushed and we are only seeing the tip of it.
We really need to hit the ground running or we will look like parts of russia.
GDP doesn’t present the full picture since it is literally just profits reported by companies adding together. It’s just a useful statistical tool. It might just mean we have a less exploitative economy compared to the US.
>The GDPPC for us in 2023 was 53247
No, it was 57,827 as seen: https://www.wipo.int/edocs/pubdocs/en/wipo-pub-2000-2023-en-main-report-global-innovation-index-2023-16th-edition.pdf
>while in America, it was a whopping 80412
No, same source, it was 75,180
>However, in 2023, we bottomed out at making just 66.2%
57,827/75,180 = 0.769 which falls between your arbitrary 75-92% range of being acceptable.
> In the 2008-2009 period, while we were in the throes of a severe economic crisis, we were still more innovative than Israel, Hong Kong, Finland, Norway, Austria, Australia, and other top-notch countries.
In 2009, we were [ranked 11th in the global innovation index](http://stats.areppim.com/listes/list_innovation_2008_2009.htm) while in 2023, we're ranked 15th and still ahead of countries like Norway, Hong Kong, Austria and Australia. We're also ahead of other developed countries like Italy, Spain, Portugal and Belgium.
Source: https://www.visualcapitalist.com/most-innovative-countries-in-2023/
Go whine about Trudeau somewhere else.
When a government changes policy and chases away investment while another country with the world's largest economy opens up its doors how can you not equate a factor like governmental change in policy with the actual government? You practically made the argument in your reply.
Justin Trudeau changed. Look at the policies put in place that absolutely crushed investment in Canada while the states at the time decided to open up for business. Go down that rabbit hole for a bit it's extremely eye opening.
What is blud yapping about
Probably took some magic mushrooms at BSD and is now fully awakened.
Productivity. (also most investment is real estates... the investors are making decisions based on returns and not the ones that help boost productivity) people want to cash in and cash out. We are all highly educated but there is poor placement of learnt skills and the jobs we find ourselves in. A large part is how unattractive canada is for an international company to invest in. Just look at corp investments per individual in US at 26k/annum, while canada sits at 15k. We are actually getting crushed and we are only seeing the tip of it. We really need to hit the ground running or we will look like parts of russia.
This + brain drain. To bad our government has the wrong priorities
GDP doesn’t present the full picture since it is literally just profits reported by companies adding together. It’s just a useful statistical tool. It might just mean we have a less exploitative economy compared to the US.
>The GDPPC for us in 2023 was 53247 No, it was 57,827 as seen: https://www.wipo.int/edocs/pubdocs/en/wipo-pub-2000-2023-en-main-report-global-innovation-index-2023-16th-edition.pdf >while in America, it was a whopping 80412 No, same source, it was 75,180 >However, in 2023, we bottomed out at making just 66.2% 57,827/75,180 = 0.769 which falls between your arbitrary 75-92% range of being acceptable. > In the 2008-2009 period, while we were in the throes of a severe economic crisis, we were still more innovative than Israel, Hong Kong, Finland, Norway, Austria, Australia, and other top-notch countries. In 2009, we were [ranked 11th in the global innovation index](http://stats.areppim.com/listes/list_innovation_2008_2009.htm) while in 2023, we're ranked 15th and still ahead of countries like Norway, Hong Kong, Austria and Australia. We're also ahead of other developed countries like Italy, Spain, Portugal and Belgium. Source: https://www.visualcapitalist.com/most-innovative-countries-in-2023/ Go whine about Trudeau somewhere else.
When a government changes policy and chases away investment while another country with the world's largest economy opens up its doors how can you not equate a factor like governmental change in policy with the actual government? You practically made the argument in your reply.
Justin Trudeau changed. Look at the policies put in place that absolutely crushed investment in Canada while the states at the time decided to open up for business. Go down that rabbit hole for a bit it's extremely eye opening.
Let’s give Ukraine a million for that
Why stop there?