Post-pandemic euphoria will not last

Pre-pandemic problems will remain and we have few ideas on how to put Canada on a better course for the longer-term future—one that generates the jobs and wealth to sustain a more productive, sustainable, and equitable society.

Improving productivity performance even by slight amounts can bring big benefits. Raising the rate of productivity growth by just 0.1 percentage point a year over the next decade, from 1.5 per cent to 1.6 per cent, would boost output by $23-billion in 2030, and accumulate output by $121-billion over the decade, writes David Crane. Photograph courtesy of Pixabay

Opinion

BY DAVID CRANE

July 5, 2021

TORONTO—No matter how rosy things may look as the pandemic lockdown draws to a close and shoppers rush out to spend, that should not be taken as sign that we are on the road to a new era of economic gain. After a period where shoppers found themselves locked in, spending is one way to feel liberat...

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