The politics of addressing Canada’s productivity crisis

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The federal government revealed billions of dollars in new spending in Budget 2024, including funding to boost productivity, which is in serious trouble in Canada.

Canada’s productivity rate has dropped for the last 13 quarters, a trend that spells bad news for both the country’s economy and wage growth.

Abigail Bimman explains how Ottawa plans to address the problem and why the measure could backfire.

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