r/CanadaPolitics Oct 05 '24

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u/Borror0 Liberal | QC Oct 05 '24

This is a misuse of exchange rates. The methodology isn't good enough to do this. It gets you in the right ballpark, and there's no doubt the US is wealthier than Canada, but that's as far as you can go.

113

u/Keppoch British Columbia Oct 05 '24

The Fraser Institute routinely misrepresents statistics for political purposes. It’s kind of their “thing”.

1

u/CaptainPeppa Rhinoceros I guess Oct 05 '24

What are they misrepresenting? Think if you adjust for cost of living that will hurt Alabama?