Given Canada’s vast size and low population density, I was surprised to discover that the country feels more urban than the US, with far more skyscrapers per capita. In 2024, Vancouver had 128 high rises under construction, #3 in North America. (Toronto was #1 and NYC was #2.) Even smaller Canadian cities have more tall buildings under construction than similar size US cities.
Here is more from Scott Sumner, a general essay on his trip to Canada. And analytically:
In terms of living standards, I’d guess that the bottom half of the Canadian population does as well as the bottom half of the US population (and perhaps even better if you include social indicators like drugs and crime and life expectancy.) The impression I got is that the top half of the US population is considerably richer than the top half of the Canadian population. Even so, I’d estimate that the US is perhaps 10% or at most 20% richer than Canada, not the 35.6% richer suggested by the IMF data.
Why is Canada poorer? I’m not sure. The US does have the advantage of economies of scale. But in Western Europe, smaller countries don’t seem poorer than bigger countries. Perhaps Canada is poorer because its economy is structurally similar to the European economic model. On the other hand, some of America’s richest regions (such as California and New York) have a fairly high level of taxes and regulation. So I’m puzzled.
Even the Maritimes (based on limited travel) do not seem that poor to me. Maybe it is that the American “upper upper middle class” is much richer in great numbers?
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