[EXCERPT]
Sadly, our living standards have also taken a hit deteriorating nearly six per cent from 2007 compared to an average two per cent gain in the OECD, as cited in a recent report by the Business Council of British Columbia.
“Canadians have seen the largest deterioration in living standards relative to peer countries over 2007 to 2018, according to OECD data. This is primarily because peer countries have increased their productivity by more than Canada,” the Business Council wrote.
