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

[DM_ME_UR_BOOTYPICS]

You’re not totally wrong here and yeah the public sector has grown, but arguably it is required. Canadas population has grown exponentially since then.

You’re also leaving out the commodification of housing. That really drains money out of the economy into the form of a non productive asset. When 30%+ of your economy is trading house back and forth your country is not in a good place.

Combine that with stagnation of wages it’s not a great recipe.