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The Stagnating Economy of Canada

Economics Explained

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Canadians Just Don't Make as Much as Their American Peers

The average american worker produces 66 dollars worth of value per hour, whereas the average canadian only produces 50 dollars. The real problem is that canadians just don't make as much as their am an peers. To produce any thing, we need the factors of production, land, labor and capital. You can make your labor more productive by making your population younger, better educated and healthier. Land is more productive if it's close to water reserves or rich in natural materials. In capital, which is simply things like machinery or intra structure, es, more valuable the more that is invested into it. So remember this for later on.

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