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Old 03-27-2024, 04:06 PM
2 Tollers 2 Tollers is offline
 
Join Date: Jul 2007
Location: Edmonton
Posts: 1,955
Default Econonmically - Canada vs Australia

Interesting article in the Financial Post by Diane Francis with some solid numbers on differences in economic performance -- GDP, Health Care, Income Levels

From the article these two points are telling:

" Two big differences separate the two countries policy approaches in recent years. Exhibit A: Canada’s Liberal government has allowed unprecedented levels of immigration, which has swamped health-care systems and driven housing prices to unaffordable levels.

Australia, on the other hand, has kept immigration relatively steady compared to pre-pandemic levels, admitting around 80,000 permanent residents last year, compared to 471,770 in Canada.

Exhibit B: In 2022, Trudeau dismissed billions in German investment to build a major liquefied natural gas hub in New Brunswick, and he even questioned the “business case” of doing so. German companies have since started doing more business with Australian energy suppliers."


https://financialpost.com/diane-fran...er-than-canada
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