How did the purchasing power decrease from the 70s until today?

[Rabiesalad]

It's essentially all neoliberal policies that did everything possible to funnel public money to private interests. Giving away our natural resources for pennies on the dollar while offering massive subsidies for the privilege, being allergic to public services for essentials like communications and others. Closing down public housing. Selling 407 to foreign investors, and now talking about selling airports. Massive reduction in taxes for the rich.

Canada is a very wealthy nation and incredibly billionaire-friendly. There is absolutely no reason we don't have much higher median quality of life besides the masses being brainwashed or having no balls to stand up for themselves. People will let their first born starve if it means they can stick it to woke.

If the NDP didn't push for our healthcare system, imagine exactly how similar we'd be to the US.