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Canadian Policy Files of the Year: Meredith, Robson and Speer

The Herle Burly

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Productivity and the Bank of Canada

David Frum: We are forecast for a period of slower growth, some of which the Bank of Canada seems keen to accelerate. Some of this has been a long time coming in terms of some of the demographic shifts that we've known for a long time,. population aging, reduction in terms of labor force participation. If one of the gains for productivity and for the future of economic growth has to do with investments in technology and innovation, well, we're currently in an environment where we're making that actually a lot more expensive than it should be.

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