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 and be sure to share it with your friends and colleagues.

Sincerely,

Niels Veldhuis
President
The Fraser Institute