Canada’s productivity is declining. So how do we fix it?
Perhaps our next federal government needs to create a more internally integrated economy specializing in knowledge-intensive activities that rely less on the export of our diminishing stock of natural resources and more on its local transformation up the value chain.
In 1936, the father of neo-classical economics John Maynard Keynes expressed a truism that explains Canada’s failure to face the realities of 21st-century challenges: “The difficulty lies not in the new ideas, but in escaping from the old ones which ramify…i...
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