A new economic report from TD says Canada is falling behind the standard-of-living curve compared to its peers.
What’s going on Canada?
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Id be curious to know where it’s better. I feel like this trend is bad in other countries, though maybe not quite Canada level yet.
Some other countries have cities with denser design and good urban planing and transit so even comparable rents and food prices can compete as car ownership isn’t essential. The US has places far behind us in housing prices and tech sectors often pay higher salaries than in Canada.