Is Canada's economy working hard, or hardly working?

Is Canada's economy working hard, or hardly working?

  • Af
  • Episode
      1518
  • Published
      30. maj 2024
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Episode
1518 of 1970
Længde
23M
Sprog
Engelsk
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Kategori
Fakta

You might be hearing some positive-sounding headlines about Canada's economy recently. Inflation is coming down, and we've (so far) managed to avoid the recession many were predicting following the pandemic. So why do so many Canadians still feel like they're struggling to get by?

In a word: productivity. The Bank of Canada has called the country's economic productivity situation an "emergency," and economists say there's a direct link between productivity and standard of living.

BMO chief economist Doug Porter explains.

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