Is Canadian economy in trouble?

Yes, the Canadian economy faces significant challenges, with recent data showing weak growth, rising unemployment (highest in years), stalled business investment, and vulnerability to U.S. tariffs, leading many economists to warn of potential recessionary pressures despite some consumer resilience and policy efforts to stabilize the situation. Key issues include lagging productivity, trade uncertainty (especially with upcoming USMCA talks), a housing construction slump, and broader concerns about long-term investment, though some forecasts suggest modest growth might continue with government support.

Is Canada struggling economically?

Yes, Canada's economy faces significant struggles, particularly with slow per capita growth, high household debt, and impacts from U.S. tariffs, but it also shows resilience through a strong financial system and consumer spending supported by wage growth, while facing long-term challenges like an aging population and productivity issues. While some sectors like manufacturing are hit hard by tariffs, the overall picture is mixed, with modest growth projected but concerns about future living standards. 

Who owns 90% of Canada?

The majority of all lands in Canada are held by governments as public land and are known as Crown lands. About 89% of Canada's land area (8,886,356 km2) is Crown land, which may either be federal (41%) or provincial (48%); the remaining 11% is privately owned.

What is the future of the Canadian economy?

Economic growth in Canada is projected to strengthen from around 0.75% in the second half of 2025, with annual growth averaging 1.4% over 2026 and 2027. Inflation is expected to remain around 2% over the projection horizon.

Who is in more debt, the USA or Canada?

Canada's debt-to-GDP ratio is about 42%, compared to over 100% in the U.S. Canadian borrowing costs are 1.2% lower than U.S. costs, the widest gap since 1870.

The Real Reason Canada’s Economy Is Falling Apart

What country owns most of Canada's debt?

Canada's debt is mostly owned by Canadians—pension funds, banks, and even the Bank of Canada —so in that sense, we owe ourselves. The rest goes to global investors and funds, not one big country. Our government issues bonds, we buy them, and pay ourselves interest.

Whose economy is better, Canada or the USA?

Neither Canada nor the U.S. has a definitively "better" economy; they face different strengths and weaknesses, with the U.S. showing stronger overall growth and productivity but high inflation, while Canada struggles with slower per capita GDP growth, high household debt, and housing issues, but boasts better inflation control and fiscal balance. The U.S. economy is much larger, but Canada is performing better on specific metrics like deficit control and inflation, though the widening GDP per capita gap shows Canada falling behind in living standard growth. 

Is quality of life in Canada declining?

Canada has just fallen to 27th place in the global Quality of Life Index, dropping from ninth a decade ago. It's the largest decline among the world's top thirty countries, and though it should shock us, I doubt it does. Most Canadians have felt this coming. Life simply isn't better today than it was a few years ago.

Will Canada go into a recession in 2026?

Most forecasters expect Canada's real GDP to grow roughly one to 1.5 per cent in 2026 — below its long-run trend, but well short of a recession, according to outlooks from Desjardins, BMO and National Bank of Canada.

Are Canadians leaving Canada in 2025?

More people are leaving Canada, with the first quarter of 2025 marking the second-highest number on record for that same period. According to Statistics Canada, an increasing number of people are leaving Canada, as 27,086 citizens and permanent residents emigrated from January to March this year.

Why does Trump want Canada as a 51st state?

In North Carolina, Trump reaffirmed his stance that Canada should become the 51st state, claiming that under an American-controlled Canada, Canadians would be offered lower taxes and better health coverage.

Who is Canada's richest family?

The Thomson family is consistently ranked as the richest family in Canada, primarily through their ownership of The Woodbridge Company, the holding firm for the global media and information giant Thomson Reuters, with wealth estimated in the tens of billions of dollars. While individuals like crypto entrepreneur Changpeng Zhao have seen massive wealth surges, the Thomson dynasty's diversified holdings in media and investments keep them at the top as Canada's wealthiest family.
 

Is Tim Hortons 100% Canadian owned?

Tim's is owned 100 % by Restaurant Brands International Stock which is traded on the Toronto Stock Exchange. It's hard to determine how much is Canadian or US. 32% is owned by 3G capital which is a Brazilian- American Company with its head office in New York City and Brazil.

What is the #1 cause of death in Canada?

The leading causes of death in Canada are consistently cancer (malignant neoplasms) and heart disease, which together account for a significant portion of all fatalities, followed by accidents (unintentional injuries), cerebrovascular diseases, and chronic lower respiratory diseases, with COVID-19 also featuring prominently in recent years, though declining. For younger Canadians (under 45), accidents are the primary cause of death, while for seniors (65+), cancer, heart disease, and cerebrovascular diseases dominate, notes Statistique Canada. 

Will Canada go into a depression in 2025?

Is a recession coming in 2025? Canada's GDP is predicted to grow by 1.5% in 2025. A true recession seems unlikely in 2025. However, uncertainty around potential US tariffs and reduced immigration may weaken our economy and potentially pull us into one.

Why is Trump tariffing Canada?

Trump has said the tariffs are intended to reduce the U.S.'s trade deficit with Canada and Mexico, force both countries to secure their borders with the U.S. against illegal immigration and fentanyl smuggling, and promote domestic manufacturing in the United States.

Where is the safest place to put your money during a recession?

Cash or Cash Equivalents

It doesn't get more basic than this. Investments to hold cash offer safety, liquidity and modest returns. These include high-yield savings accounts, money market accounts or funds, and certificates of deposit.

What are the warning signs of a recession?

Recession warning signs include an inverted yield curve, rising unemployment (especially the Sahm Rule showing a 0.5% rise in the 3-month average), falling GDP, decreased consumer confidence, lower housing starts/sales, tighter credit, stagnant wages, higher insurance claims, and signs of reduced spending like less restaurant traffic or more discount shopping. These point to economic slowdown, reduced business investment, and decreased consumer spending, often preceding or signaling a downturn. 

Who benefits in a recession?

In a recession, the rate of inflation tends to fall. This is because unemployment rises, moderating wage inflation. Als,o with falling demand, firms respond by cutting prices. This fall in inflation can benefit those on fixed incomes or cash savings.

Is happiness declining in Canada?

When Statistics Canada asked Canadian youth how satisfied they were currently, the decline in happiness was significantly less dramatic, he said. Statistics Canada's Canadian Community Health Surveys found a modest decline in satisfaction for young people from 8.2 in 2015 to 7.9 in 2021, the Canadian report said.

Is $100,000 a good salary in Canada?

The average salary in Canada, based on the StatsCan Labour Force data for April 2025, is $67,466.88. This means that a $100,000 salary is a higher-than-average salary, by around 32.5%.

What is the downside to living in Canada?

Disadvantages of living in Canada include harsh, long winters with less daylight, a high cost of living (especially housing in major cities), high taxes, and long wait times for healthcare (elective procedures/specialists) despite universal coverage, plus expensive phone/internet plans due to monopolies, and a competitive job market for skilled workers. Other drawbacks involve challenges for immigrants, bureaucracy, and potential language barriers (French) outside major centers. 

Do Americans pay less tax than Canadians?

Canadian tax rates are higher than US rates, but the US expat tax system prevents you from paying taxes to both countries on the same income. Most American expats in Canada owe $0 in US taxes when they file correctly.

Is it cheaper to live in Canada or the USA?

It's generally cheaper to live in Canada for healthcare and some services, while the U.S. often has lower costs for groceries, gas, and housing (outside major cities), but higher healthcare expenses; overall, the total cost depends heavily on location (major cities vs. rural areas) and lifestyle, with Canada's higher taxes often funding free public healthcare, offsetting U.S. lower upfront costs but higher out-of-pocket medical bills. 

What is the lost decade in Canada?

Throughout the 2025 campaign, the Conservatives have frequently referred to what they call the “Lost Liberal Decade,” a reference to the fact that Canada has lagged dramatically on virtually every available indicator since the Liberals first came to power in 2015.