The Canadian Real Estate Investor - Canada's Happiness Has Collapsed | Per Capita Recession Exposed

Canada’s Happiness Is Collapsing—Especially for Young People (Per Capita Recession Explained) Canada has experienced one of the world’s steepest declines in happiness, falling to around 25th globally and ranking behind the U.S., while young Canadians rank 71st and are among the least happy in the developed world as older Canadians remain relatively stable. The script argues this is driven by a decade-long per capita recession masked by population growth and headline GDP, with GDP per capita lagging OECD peers (3.2% vs 15.3% since 2014). Rising inflation, debt stress, weak income growth, high youth unemployment, housing unaffordability, and growing food insecurity are compounded by automation of entry-level jobs and declining social trust. It frames Canada’s economy as increasingly built around housing asset inflation and an “inheritance economy,” and urges policy attention and greater youth voter participation. 00:00 Canada’s Happiness Plunge 01:24 Per Capita Recession Explained 02:32 Generational Divide Emerges 04:08 Toronto’s Breaking Point 04:45 Housing as an Asset Trap 05:17 Youth Jobs and AI Disruption 06:19 Debt and Cost Pressures 08:12 Trust and Recession Feelings 08:39 Why Data Misses the Pain 09:52 Four Takeaways and Voting 11:38 What It’ll Take to Recover #canada #worldhappinessreport #economics #canadapolitics #investing