Articles for tag: Australia, Canada, capital shallowing, economic challenges, Immigration, Infrastructure, living standards, population trap, Productivity, resource-rich nations

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Canada and Australia Caught in a Dangerous Population Trap

Canada and Australia Caught in a Dangerous Population Trap: A Warning for Resource-Rich Nations

Canada and Australia, two resource-rich nations, are currently facing similar economic challenges due to unsustainable levels of immigration. This population boom has resulted in poor productivity, overburdened infrastructure, and a per capita recession in both countries. Economists at the National Bank of Canada and independent economist Gerard Minack warn that no increase in living standards ...

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