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Dear John,
A new Fraser Institute study out today examines pre-recession economic performance under the five most recent prime ministers:
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1986-89 (Brian Mulroney)
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1997-00 (Jean Chrétien)
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2005-08 (Paul Martin - Stephen Harper)
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2011-14 (Stephen Harper)
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2016-19 (Trudeau)
The findings? Canada’s economy was the weakest during Trudeau's period.
On almost all of the measures included in the analysis, the economic performance of Trudeau's era (the years preceding the COVID-19 recession) was the weakest:
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The Trudeau era has the lowest rates of economic growth per person.
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Business investment actually declined under Trudeau (pre-COVID recession) compared to robust growth under all four other prime ministers.
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The Trudeau period also experienced lower rates of private sector job creation compared to the Mulroney and Chrétien eras.
Check out the full study here, and be sure to share it with your friends and colleagues!
Stay safe,
Niels Veldhuis
President
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