Canada's population advantage offset by weak productivity

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Theo Argitis: Canada’s population advantage offset by weak productivity cdnpoli (subs)

The Office of the Superintendent of Financial Institutions, Canada's bank regulator, is signalling it’s concerned a prolonged downturn is a distinct possibility, which is currently not a best-case scenario for the Bank of Canada, the Government of Canada, or most bank economists.

Finance Minister Chrystia Freeland, pictured, acknowledged her government will need some sort of response to U.S. President Joe Biden's Inflation Reduction Act, which tops the list of major corporate worries in Canada.

 

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