Canada’s prolonged productivity slowdown is undermining living standards, widening economic gaps with peer countries and fueling pessimism about the future, particularly among younger Canadians, writes Stephen Tapp, CEO and chief economist of the Centre for the Study of Living Standards. He calls for three policy priorities to reverse the trend: diversifying trade beyond the United States, accelerating the adoption of artificial intelligence across businesses and improving economic opportunities for younger generations. Tapp argues coordinated action on trade, technology, housing affordability and youth employment is essential.
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