Canadian Economy Faces Headwinds Compared to Surging U.S. Growth
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Canadian households have high debt levels compared to the U.S., leaving them vulnerable to rising interest rates.
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Canada's GDP growth has stalled while the U.S. economy continues expanding.
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Canada's productivity and capital investment lag the U.S., hurting long-term growth prospects.
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The high debt and weak productivity suggest Canada may underperform the U.S. economy for years.
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Investors should maintain diversification given Canada's economic challenges relative to the U.S.