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Posts Tagged ‘claim’

From the June 2, 2016 episode of TVO’s the Agenda with Steve Paikin, the guest, claimed, 2 minutes in, that a report on mental health costs said that the annual cost due to lost productivity in Canada was $51 billion, and is projected to go into the trillions in 30 years. Given that Canada has a current GDP (PPP) of $1.6 trillion, that would be 3% of the economy in annual costs today, yet it’s supposed to go up to at least $1 trillion, when, in 30 years, the GDP will be $2.9 trillion (given a highly generous growth estimate of 2% annually), and the cost will be at least 34% of GDP?

The host had every reason to shocked by the claim. And, folks, just because it’s on a serious television program, doesn’t mean you shouldn’t immediately spot the claim as patently bogus.

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