[Newsbot]

Title: Why Canada's productivity has been underestimated for decades
Category: Business
Posted By: BeaverFever
Date: 2013-01-03 20:36:56
Canadian

[BeaverFever]

Wow. The so-called "productivity gap" has been a central argument of some for so long, I wonder if this finding, if universally accpeted, will eventually change our economic policies.

[herbie]

No. Rest assured the Fraser Institute (or something like it) will refute it in a mocking tone and it will start all over.
Just realize though that some sectors like lumber required a high dollar, a repressive duty AND a housing collapse to kick their ass into gear.
Others are still so huge and "dinosauric" they still think its 5 years ago and there's not enough volume to run a train (bet they don't even KNOW about the two miles of boxcars rusting on that siding past the mill).
So tack on the added expense of trucking the lumber over 100 miles to another railhead.
Or the Big Telco that told a bistro in a downtown mall yesterday they didn't have ADSL in this town, and she was NOT holding the modem they shipped her last week. (Thanks for the customer, guys!)