Canada’s general wealth has been in a sharp decline when compared to the United States for over 10 years. In 2013, GDP per capita in the United States and Canada was nearly equal at US$53,000. Today, GPD per capita in the United States is nearing US$82,000 while Canada remains stagnant at US$53,000.
To make things worse, Canada’s federal government plans to put a punitive emissions cap on the oil and gas industry while President-elect Donald Trump is talking about imposing trade tariffs of 10-20 percent on goods coming into the United States. Canada could be heading toward an economic cliff.
