EPISODE · May 30, 2024 · 22 MIN
Is Canada's economy working hard, or hardly working?
from Front Burner
You might be hearing some positive-sounding headlines about Canada's economy recently. Inflation is coming down, and we've (so far) managed to avoid the recession many were predicting following the pandemic. So why do so many Canadians still feel like they're struggling to get by?In a word: productivity. The Bank of Canada has called the country's economic productivity situation an "emergency," and economists say there's a direct link between productivity and standard of living.BMO chief economist Doug Porter explains.Help us make Front Burner even better by filling out this audience survey.
What this episode covers
You might be hearing some positive-sounding headlines about Canada's economy recently. Inflation is coming down, and we've (so far) managed to avoid the recession many were predicting following the pandemic. So why do so many Canadians still feel like they're struggling to get by?In a word: productivity. The Bank of Canada has called the country's economic productivity situation an "emergency," and economists say there's a direct link between productivity and standard of living.BMO chief economist Doug Porter explains.Help us make Front Burner even better by filling out this audience survey.
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Is Canada's economy working hard, or hardly working?
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