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Canada's Productivity Problem
Manage episode 442065162 series 1155758
Since the mid-1980s, US labour productivity has grown by 100 percent. But in Canada, it's only grown by 40 percent. Lower productivity means the economy grows more slowly — and that means Canadians' paychecks grow more slowly as well.
Why is Canada less productive? And what can be done about it? Michael Hainsworth speaks with the University of Toronto's Michelle Alexopoulos and the C.D. Howe Institute's Jeremy Kronick to get answers.
135 episode
Manage episode 442065162 series 1155758
Since the mid-1980s, US labour productivity has grown by 100 percent. But in Canada, it's only grown by 40 percent. Lower productivity means the economy grows more slowly — and that means Canadians' paychecks grow more slowly as well.
Why is Canada less productive? And what can be done about it? Michael Hainsworth speaks with the University of Toronto's Michelle Alexopoulos and the C.D. Howe Institute's Jeremy Kronick to get answers.
135 episode
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