From Nationalpost · · 1m 10s
Canada Lags Behind U.S. in Economic Performance
Seven Canadian provinces rank among the 10 lowest GDP per person in the U.S.-Canada comparison.
In brief
Seven Canadian provinces rank among the 10 lowest GDP per person in the U.S.-Canada comparison. Seven Canadian provinces trail U.S. states in economic performance per 2024 GDP per person rankings. Originally reported by Nationalpost.
Economic Study Finds
A new study comparing economic performance in all Canadian provinces and U.S. states found seven of the 10 lowest-ranking jurisdictions are Canadian provinces.
GDP Per Person Rankings
In 2024, seven Canadian provinces ranked among the 10 lowest GDP per person: New Brunswick, Prince Edward Island, Nova Scotia, Manitoba, Quebec, Newfoundland and Labrador, and Ontario.
U.S. State Comparison
The U.S. states with the lowest GDP per person include Mississippi, West Virginia, and Arkansas, sandwiched between Quebec and Newfoundland and Labrador.
Fraser Institute Analysis
Jake Fuss, director of fiscal studies at the Fraser Institute, noted Canadians have fallen further behind Americans in recent years.
“By comparing important economic outcomes in Canadian provinces and American states, it’s easy to see how Canadians stack up to their counterparts south of the border, and in recent years, Canadians have been falling further behind.”
Historical Context
In 1999, six Canadian provinces ranked among the bottom 10 in GDP per person, while Alberta remained Canada’s top-ranked province.
Current Economic Gap
Most U.S. states out-earned most Canadian provinces, with median employment incomes higher across all 50 states than in all ten Canadian provinces.
What it means
Seven Canadian provinces trail U.S. states in economic performance per 2024 GDP per person rankings.
