Governments must work to improve Canadian living standards despite recent good news

Governments must work to improve Canadian living standards despite recent good news

From the Fraser Institute By Jake Fuss and Grady Munro For years, Canadians have experienced a decline in living standards. According to new data from Statistics Canada, living standards may finally be headed back in the right direction, but there’s still much work to be done. The new numbers show that inflation-adjusted gross domestic product (GDP)—the final value of all goods and services produced in the economy—grew by 0.5 per cent during the…