New policies driving economic growth could solve Canada's productivity emergency, says RBC: Financial Post
UNSPLASH PHOTO
Naimal Karim of the Financial Post digs into a new report from RBC on policies that could help close Canada’s productivity gap. The bank’s assistant chief economist Nathan Janzen points to a number of policies that would stir productivity: cut red tape and internal trade barriers; embrace new technologies; adopt tax policies that incent investment and make better use of immigrants’ skills. The RBC report says Canada’s falling productivity can be attributed to declining economic growth, and concludes “Canada has stopped growing.”
