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Recently, Canadian news outlet ‘The Globe and Mail’ provoked controversy and furious social media discussions with one of its analyses.
In it, the author asserted that, based on per capita GDP adjusted for Purchasing Power Parity (PPP), Canada was now poorer than the U.S. state of Alabama.
According to IMF figures, Canada’s per capita GDP (PPP) in 2024 was $64,610 (international dollars).
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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.