Yeah there has been a pretty definitive drop in overall productivity in Canada since the sudden increase in population.
I believe the economic term is population trap, where your society / economy can't expand fast enough to make efficient use of the addition in capital.
It is pretty clear based on the constantly decreasing GDP per capita.
I believe the economic term is population trap, where your society / economy can't expand fast enough to make efficient use of the addition in capital.
It is pretty clear based on the constantly decreasing GDP per capita.