Ep. 503: Canada’s Sagging Productivity
Guest: Jock Finlayson
On March 26th, 2024, the Bank of Canada issued a report titled “Time to Break the Glass: Fixing Canada’s Productivity Problem.”
Senior Deputy Governor Carolyn Rogers said at a speech in Halifax, “Productivity is a way to inoculate the economy against inflation.”
The question ahead is, why has Canadian productivity sagged and how can it be turned around? Jock Finlayson, the Chief Economist at the Independent Contractors of BC, says, “Canada needs to reorient policy to focus squarely on improving productivity and real incomes per capita – both of which are stagnant and falling.”
We invited Jock Finlayson to join us for a Conversation That Matters about Canada’s productivity crisis and why it matters.
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