Canadian families would have higher living standards if the prosperity gap were closed
Source: Institute for Competitiveness & Prosperity analysis based on data from Statistics Canada, Spending Patterns in Canada 2009
Note: Among Canadians with some spending in these categories; 2009 results restated to 2010 dollars
Note: Among Canadians with some spending in these categories; 2009 results restated to 2010 dollars
Quick Fact
Canadian families would have higher living standards if the prosperity gap were closed
Report on Canada 2011 | Page 10
As we have discussed in past reports, the consequences of not realizing our full prosperity potential are very real. Closing the GDP per capita gap would result in an increase of $12,900 in after-tax disposable income for each Canadian household. And closing the prosperity gap would generate an additional $112.1 billion in tax revenues for all three levels of government across the country?
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