I can say it's wealthy because my family is from an actual poor country.
Come to Trinidad if you want to see what it's like.
The presence of taxes doesn't mean your country is poor. Many countries pay higher taxes than that and don't get tax funded healthcare.
Trinidad has less debt then Canada. Therefore Trinidad is a wealthier nation in Canada 🇨🇦. Publicly funded Healthcare does not make it better Healthcare. There are a lot of Canadians (the ones that can afford it) go to Mexico and United States for operations. Doctors here get paid by the amount of patients they see in a day. You could have a missing arm and they probably just put a band aid on it and tell you to come back in 2 weeks for check up 😂. Canada is plenty in resources and land but it's pointless when you have diet communism in power.
Debt doesn't exist in a bubble, it's relative to income and assets when discussing who is more wealthy.
In Trinidad, only the rich can afford a microwave, the power grid doesn't work half the time and there are no food banks, people just actually starve or find food in landfills.
Canada no doubt has seen a drop in living standards, mostly driven by the housing bubble and too much income going towards housing. But it's still extremely rich by any objective measure.
Just travel to some poor countries and you might appreciate Canada a bit more, despite all her flaws.
