Canada’s Productivity Challenge

Many commentators on Canada’s economic prospects have described the significant slowdown in our productivity growth as a crisis that requires immediate and serious attention, - indeed the senior deputy governor of the Bank of Canada has called this problem an emergency. This lecture explores several questions: Why is slow productivity

Speakers

Bill Scarth
Professor Emeritus Economics Department McMaster University

Start

January 23, 2025 - 1:30 pm

End

January 23, 2025 - 3:30 pm

Address

Virtual via Zoom Webinar   View map

Many commentators on Canada’s economic prospects have described the significant slowdown in our productivity growth as a crisis that requires immediate and serious attention, – indeed the senior deputy governor of the Bank of Canada has called this problem an emergency.

This lecture explores several questions:

  • Why is slow productivity growth so important?

  • Compared to all other western countries currently, and to Canada’s performance in the past, why are we doing so badly now?

  • What policies should we embrace to address this problem?

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