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Weak productivity is an economic ‘emergency,’ Bank of Canada warns

[...]The Bank of Canada is warning that waning productivity growth in the country is an “emergency” that can force higher interest rates and limit rising wages for Canadians.[...]

https://globalnews.ca/news/103....84078/bank-of-canada

Weak productivity is an economic ‘emergency,’ Bank of Canada warns - National | Globalnews.ca

Weak productivity is an economic ‘emergency,’ Bank of Canada warns - National | Globalnews.ca

Bank of Canada senior deputy governor Carolyn Rogers gave a speech in Halifax on Tuesday in which she sounded the alarm on Canada’s flagging productivity rates.