Canada's GDP Dilemma: The Illusion of Growth

Canada’s economy has grown in size, but not in strength. GDP per capita has barely advanced over the past decade and trails well behind the US. Growth has leaned on household consumption and government spending, while business investment and exports have stagnated. Capital has flowed disproportionately into housing rather than productive, export-generating infrastructure. Canada’s GDP challenge is structural — rooted in insufficient investment in high-value, export-enabling infrastructure.