3.3 Exercises
Read the articles and answer the questions.
Exercise 1: Canada’s economic future
Read Livio Di Matteo, “Canada’s economic future is looking grim—especially when compared to the U.S.,” The Hub, 2024.
- How has the gap in real GDP per capita between Canada and the US changed over the past 100 years?
- How has the gap in real GDP and population between the two countries changed?
- What are the reasons leading to the increasing gap in real GDP per capita between the two countries? Which determinants of productivity are discussed in the article?
- What policies has the Canadian government suggested to improve the country’s economic outlook? (Advanced)
Similar discussions can be found in these articles:
- R. Deslauriers and R. Gagné, “The low productivity of Canadian companies threatens our living standards.” Policy Options, 2023.
- W. B. P. Robson and M. Bafale, “Decapitalization: Weak business investment threatens Canadian prosperity.” C.D. Howe Institute Commentary no. 625, 2022.