Thanks for pointing that out! GDP figures are easy to collect and analyze which is why economists like them so much, but you're absolutely right that they don't show the entire picture.

For wealth inequality, the Gini Coefficient is a common measure. In the linked wiki article you can see Canada is in line with the UK and Germany for being middle of the road whereas places like US, Russia, and Saudia Arabia have incredibly high income inequality.

"Middle class" is a myth the ruling class uses to keep the working class in the working class. If you don't own your own means of production, and you don't wield political power, you're working class.

Some kids where I live have pediatricians. My 1 yr old son sees a public health nurse for vaccines, goes to emergency when something is wrong and i sneak him in for checkups when I have an appointment with my nurse practitioner, because pediatricians (and doctors in general) are in short supply.

Yeah. Canada has slipped to #11 behind Australia, New Zealand, and every scandinavian country. We could learn a lot from them, even if we're WAY BETTER OFF than so many other countries. I'm voting to ensure we get back in the top-ten.

$10/day daycare sounds great, unless your kid isn’t already enrolled. Waitlists are mostly closed. I’ve called a dozen daycares at least and I’m on the waiting list for two, basically hoping for a string of cancellations.

This gap in the market has resulted in a boom of unregulated daycares in random people’s houses! What could possibly go wrong with that?

I agree -- regulation and inspection of daycares and massive fines for those opening ghetto childcare is an important goal. We've had so many 'small governments' that ditch any kind of safety inspections on day one, and it's hard getting them back. It's a job almost as thankless as a medical professional in a blue province.

Cost of electricity is going up. Not because of oil prices, but because ratepayers need to pay (and pay and pay) for a government/crown corp boondoggle.

Yeah. WAY better than Texas in a snow storm. Or ... not.

Hey. we can still vote to make changes to how arms-length crown corps do their business. We CANNOT vote to change how enbridge works.

But don’t worry, the people who pushed it all through can afford the rate hike, and solar panels and wind turbines and batteries to boot.

Tell us your postal code starts with a T but we won't be surprised. You guys have been lied-to on all those points for way too long, and I'm sorry for how that must stress you.

Standard of Living with Quality of Life

For the current discussion, what difference is even significant? They're interchangeable in this context.

https://www.investopedia.com/articles/financial-theory/08/standard-of-living-quality-of-life.asp

absolutely. gas, rent, and groceries just costs so much now, it’s terrible.

Indeed, as literally spelled out:

The report states that the decline is largely related to productivity. Regions like Alberta, Saskatchewan, and Newfoundland and Labrador, where the economy relies heavily on the exchange of commodities, used to have the highest GDP per person, TD says. Over the past ten years, however, their lead has been challenged. Following the pandemic, only B.C. and P.E.I. have been able to raise their GDP per person levels they had in the years prior to COVID-19, TD reports.

This is a headline just because there's this catchy tradition of saying "standard of living = GDP per capita" which is misleading.

Have been for awhile, now it's just insane.

Watched a video with this lady showing how much things were in a small town in Alaska... Not far off the prices here in Vancouver.

They aren't getting there, they've been there for a long time. Housing was already starting to get ridiculous circa 2013.

Id be curious to know where it's better. I feel like this trend is bad in other countries, though maybe not quite Canada level yet.