Why Canada's productivity has been underestimated for decades

Business | 206781 hits | Jan 03 8:36 pm | Posted by: BeaverFever

Years of hand-wringing that the Canadian economy is less productive than the United States’ and other leading countries’ economies may be misplaced as a radically different picture of the business landscape emerges.

Comments

by BeaverFever
Fri Jan 04, 2013 4:51 am
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.
by herbie
Fri Jan 04, 2013 6:30 am
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!)

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