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Measuring Canada's economic health
Canadians are always interested in how our economic performance stacks
up relative to other countries or to how we have fared in the past. The
standard starting point is gross domestic product (GDP), the sum of all
the goods and services we produce. Using this, we can calculate how much
income is generated by the average Canadian and how that compares to other
countries. As well, GDP per worker, or productivity, is the primary determinant
of long run trends in our standard of living.
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