Mar 31: TMU macro economics prof Dr. Eric Kam. Canada in economic emergency says BOC Deputy Governor
The Roy Green Show · Global News / Curiouscast
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Show Notes
The senior deputy governor of the Bank of Canada Carolyn Rogers last Tuesday in a Halifax speech made the case falling productivity rates in Canada create an "emergency," adding "you've seen those signs that say "in case of emergency, break glass. Well, it's time to break the glass." Meanwhile, according to the OECD Canada will for the next 36 years (2060) will be the laggard and post the worst economic performance among advanced nations as far as real per capita GDP is concerned.
What does this all mean in everyday speak and what are the implications for Canadian taxpayers, entrepreneurs and career-seeking youth of today??
Guest: Professor Eric Kam. Macroeconomics at Toronto Metropolitan University.
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