The Canadian economy is suffering its worst performance in 40 years, largely due to the Trudeau government's focus on "woke" causes and virtue signaling over economic policy. Excessive spending during the pandemic, carbon taxes, and a war on the energy sector have led to:
- Higher taxes, interest rates, and inflation
- Lower productivity and investment
- Declining per capita income
- Unbalanced GDP, population, and government spending growth
A Fraser Institute study highlights these worrying trends, attributing them to the Trudeau government's policies.