David Dodge appeared live on BNN Bloomberg to discuss why slow economic growth in Canada was expected in late 2018. He also talks about how to improve productivity as demographic changes continue to take hold. He says that investments in both capital equipment and human capital are needed to maximize new opportunities in technology and trade.
David says of low interest rates in Canada, “When one carries (low interest rates) on for a very long period as we really did since 2008, one begins to change the structure of the economy itself—and we haven’t yet fully accommodated ourselves to that new structure.”