S1 E9 | Are We That Incompetent? Canada vs Saudi Arabia

Canada and Saudi Arabia have nearly the same population. Both sit on massive oil reserves. One has no personal income tax and far lower national debt. The other carries trillions in debt and some of the highest tax burdens in the developed world.So what’s going on?In today’s episode of The Canadianist, Christopher M. Michaud takes a calm, structural look at the viral comparison making the rounds online. Is Canada truly mismanaging extraordinary wealth, or are we comparing two completely different economic and political systems without understanding the tradeoffs?This isn’t outrage. It’s analysis.If you’ve seen the post and wondered whether there’s more to the story, this episode is for you.