Canada Falling Behind Wealthy Peers, Data Shows

Canada, once among the world’s richest nations, is falling behind peers like Australia, New Zealand, and the UK. Data from the OECD reveals that Canada's GDP per capita has declined, widening the wealth gap with the U.S. and slipping below the OECD average. Economic growth is slow, and population growth is outpacing it. The government is exploring measures to boost productivity and address the economic slowdown.