Not a headline that you want to see as the party in power going into an election:
BUSINESS BRIEFING
‘Downbeat’: BMO’s guide to Canada’s lame economy, the loonie and interest rates…“The bad news is that wages and productivity are depressed, with the former rising about 2 per cent in the past year and the latter stalling after a listless decade,” said the report released this week.
“Zero real wage gains provide little support to consumers, while zero productivity undercuts competitiveness further,” it added. …
This, despite a booming U.S. economy with real wage and productivity growth. Imagine if or when the U.S. economy falters.
Writer and Executive Editor for ProudToBeCanadian.ca.
PTBC was founded by Mr. Johannesen in 2000.
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PTBC was founded by Mr. Johannesen in 2000.
Contact Mr. Johannesen about this article using this form. Please refer to article's title.
FOLLOW @JoelJohannesen ON X!
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