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Canada’s Living-Standards Gap with US Has More Than Doubled This Century, Accelerating Since 2014: Report

The living standards gap between Canada and the United States has more than doubled over the past 25 years as Canada increasingly falls behind its southern neighbour, a new study suggests.

The steepest drop, however, occurred post-2014, according to a newly released report from the Fraser Institute.

Up until then, Canada maintained a comparable performance to the United States and, in some cases, even outperformed it across several indicators, said Fraser Institute director of fiscal studies Jake Fuss in the report he co-authored with senior policy analyst Grady Munro and senior economist Joel Emes.

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