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Economist Nathan Janzen warns that declining productivity in Canada's economy challenges post-pandemic wage gains.
Declining productivity in Canada's economy is a challenge to post-pandemic wage gains, economist Nathan Janzen warns.
Lower productivity growth threatens future wage gains, especially as labour market softens and surging inflation persists.
Canada's weak productivity growth has worsened since the pandemic, increasing unit labour costs without the same rise in wages, which weakens wage competitiveness with the US.
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El economista Nathan Janzen advierte que la disminución de la productividad en la economía de Canadá pone en peligro los aumentos salariales posteriores a la pandemia.