'Cause for concern:' Productivity continues its decline as Bank of Canada cuts interest rates: Financial Post
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Naimul Karim of the Financial Post reports that Canada’s labour productivity fell by 0.3 per cent in the first quarter, with manufacturing one of the key sectors contributing to the decline. Reacting to the latest figures from Statistics Canada, Chamber of Commerce chief economist Stephen Tapp called it “truly cause for concern” and warned that something must be done to jumpstart economic growth.
