Dear John,

Did you know that for roughly 60 years (from the early 1950s to 2008), Canadians enjoyed a higher standard of living than Australians?

It's true. But a new Fraser Institute study out today finds that that advantage has been reversed since 2009.

Australians have enjoyed higher living standards than Canadians since then – specifically, Australia’s per-person GDP was (on average) $1,718 higher than Canada’s between 2009 and 2019.

Unfortunately, due to Canada’s relatively low levels of investment, Canadians are poorer than they’d otherwise be.

Check out the full study here [[link removed]] and be sure to share it with your friends and colleagues.

Sincerely,

Niels Veldhuis

President

The Fraser Institute

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