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Ottawa Must Refocus Spending On Boosting Investment, Not Consumption

December 12, 2023
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Summarize

The Financial Post covers Bennett Jones' latest Economic Outlook, The Long-Term Is Now. The report explains why Canada's federal government must refocus spending on boosting investment instead of consumption to address Canada’s sluggish productivity growth. 

Canada’s GDP per capita has fallen at a 0.5 percent annualized pace since the start of 2020, compared with a 1.6 percent annualized increase in the U.S. The country’s productivity has “suffered chronically” since the mid-1990s.

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