Bank of Canada Governor Tiff Macklem made the case this week that productivity growth should rebound strongly this year and next. While we agree that a rebound is on the cards, we judge that the Bank’s forecasts for productivity growth, and therefore GDP, are bit too upbeat.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services