Canada's record of declining productivity over the past three years is likely to make it more difficult for the Bank of Canada to tame inflation, raising the prospect of additional interest rate hikes even as the economy slows.
Depends on what the average Joe who was previously holding the stock does with the money they receive in that buyback. If they invest it in productive activity, then it can boost productivity. If they use it to buy a house, well…
An economist can tell me how productive stock buybacks and CEO and executive salary raises are because they too are at record levels post-pandemic.
Depends on what the average Joe who was previously holding the stock does with the money they receive in that buyback. If they invest it in productive activity, then it can boost productivity. If they use it to buy a house, well…
You’re right, but our productivity has been low for decades.