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…
Canadian businesses invested 55 cents per worker for every dollar invested per worker in the United States in 2021, down from 79 cents in 2014, according to a June report by the Fraser Institute think-tank.
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.
I need something more reputable than Fraser Think Tank honestly. But I do agree Canada has lower Capital intensity than the USA.