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Canada’s Natural Wealth:
Highlighting Canada’s strong natural resources sector, assessing the economic challenges, and identifying growth opportunities.
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July 2024 GDP: No summertime blues for the Canadian economy, but cooler weather is near.
While spending is propping up the economy for now, slowing population growth will soon put a damper on things.
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Financial Post: ‘Cause for concern’: Productivity continues its decline as Bank of Canada cuts interest rates
“Canada’s labour productivity statistics are truly cause for concern. Labour productivity has now fallen in 12 of the last 15 quarters coming out of the pandemic. The level of Canada’s labour productivity is now back to where it was in 2018, which means we’ve had no growth over a span of six years.”
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