Most Canadian Provinces Have Lower Economic Performance Than Most US States: Study
Canada has fallen further behind the United States economically, with seven provinces ranking among the 10 lowest for GDP per person in 2024 among 50 U.S. states and 10 Canadian provinces, according to a Fraser Institute study. The study compared GDP per person in 2024 with 1999 levels. Newfoundland and Labrador recorded the largest increase [...]
TL;DR
- Seven Canadian provinces ranked among the 10 lowest for GDP per person in 2024 out of 60 jurisdictions (50 US states and 10 Canadian provinces).
- Newfoundland and Labrador had the largest GDP per person increase among Canadian provinces but ranked 30th overall.
- Alberta, Canada's highest-ranking province, fell to 25th place overall, with its GDP per person increase being the second-lowest among all jurisdictions.
- North Dakota showed the largest increase in GDP per person among all jurisdictions, moving from 47th to sixth place.
- New York had the highest GDP per person in 2024.