Canada needs to raise the rate of productivity growth so there’s more to share

That’s the challenge of the next federal budget. So Finance Minister Chrystia Freeland should get the priorities right.
Finance Minister Chrystia Freeland, pictured arriving at a press conference at the Sir John A. Macdonald Building on Dec. 13, 2021, with Governor of the Bank of Canada Tiff Macklem to announce the Bank of Canada’s inflation mandate.
TORONTO—There is something wrong when productivity is growing but the typical worker doesn’t share in that growth. Yet that has been the experience of the typical Canadian worker for much of the past 45 years—a growing gap between growth in productivity and  growth in a typical worker’s wag...

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