Looking at developed countries it would seem that fairly good testing, say, picking up 33% - 50% of infections as I assume to be the case for Denmark or France, would land you at an infection fatality rate of 0.025% for Omicron in developed countries (including average levels of vaccination, natural immunity, and intrinsic mildness into the equation, so YMMV).
In theory this would mean Canada reported as low as 1 in 10 infections lately. The US about 1 in 6 - 8, UK 1 in 4 - 6. Iceland fared the best of all at 1 in 2 as it has done throughout the pandemic.
This would actually be rather mild even compared to annual influenza. The problem, of course, is that annual influenza infects 10-20% of the population during the year, not 50-60% in 8 weeks...
Me myself have a mild cold at the moment so who knows. Thing is, healthcare centers are so filled with people that doctors are basically telling you to stay at home and not even get tested unless your oxygenation is low or you have comorbidities.
