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How Canada Got So Rich

Canada is one of the richest countries in the world. Higher GDP per person than most of Europe. A banking system that survived 2008. A housing market that keeps climbing. Massive immigration. Endless natural resources. From oil in Alberta to real estate in Toronto, Canada built its wealth on geography, stability, and a tightly controlled financial system. While other economies faced banking collapses and currency crises, Canada looked calm. Predictable. Safe. But beneath that stability lies a powerful mix of commodities, debt, immigration-driven growth, and one of the most expensive housing markets on Earth. In this video, we break down: • How natural resources jumpstarted Canadian wealth • Why its banking system avoided collapse • How housing became the backbone of the economy • The uncomfortable math behind household debt • Why productivity is quietly lagging • And what risks could shape Canada’s future This isn’t a story about hype. It’s a story about systems. How Canada built its wealth. And whether that model can last. #finance #money #canada