Canada's weak productivity growth, termed an "emergency" by Bank of Canada senior deputy governor Carolyn Rogers, is primarily due to slow adoption of innovation.
Canada's weak productivity growth, termed an "emergency" by Bank of Canada senior deputy governor Carolyn Rogers, is mainly attributed to slow adoption of innovation. The private and public sectors need to collaborate to address this issue, according to John Ruffolo. Rogers' words serve as a warning for the country to act now to prevent further negative impacts.
June 22, 2024
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