Growth has stalled in Canada

Canada’s productivity performance is weak, our innovation is inadequate, and we seem too pessimistic about the future.

Finance Minister Chrystia Freland recently boasted Canada is ‘driving the kind of economic growth that will ensure every generation of Canadians can reach their full potential.’ I am not convinced, writes David Crane.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

May 2, 2024

OXFORD—Canada clearly needs more economic growth. We are not creating the wealth we need in order to do what our country needs to do, let alone what we would like to do. The benefits of growth are clear. Between 1981 and 2023, real per capita GDP in Canada rose from $36,90...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Tuesdays: Innovation & Industry Newsletter

The policies, decisions, and people working on investment and regulation in the industry and innovation realm.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy