Standards of Living summary

Standards of Living
A vast majority of the Canadian population has fairly good living standards since the nation ranks above the average in vital communal indicators. For example, wealth and income distribution across the country are above the average rank compared to other countries. This leads to the affordability of better housing, security, health, education, and social connection for a large segment of the population. The higher income/earnings ratio facilitates a much better work-life balance in which most Canadians can work for fewer hours with better wages. Therefore, civic engagement is relatively high as the citizens would like successive governments to either maintain or surpass the current living standards. The Human Development Index identifies a long and healthy life as the epitome of an ideal standard of living, and the above description demonstrates that Canada ranks highly on this metric. 
Famous Inventions
Ice hockey is a popular sport within Canada that generates tremendous excitement for fans while also raking in billions in terms of revenues for the nation (Haerens 68). Notably, ice-hockey-related activities generate approximately $11 billion annually. This sport is the country’s most famous sporting export even in international competitions. As such, the state benefits financially from the sport, and the private businesses and clubs that run the games also gain immensely from it. Thousands of direct and indirect jobs are also created; hence more people are added to the tax bracket. Canada is also well-known for its maple leaf white and red flag, making it easily recognizable anywhere in the world. 
 

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