Former BoC governor Stephen Poloz warns on low business investment, lost productivity

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

TORONTO — Stephen Poloz is concerned about investment levels in Canada’s private sector and says investment has been dampened by higher government spending and volatility due to U.S. trade relations.

The previous Bank of Canada governor spoke at an Economic Club of Canada event in downtown Toronto today alongside former federal finance minister John Manley.

Poloz says higher government spending is leading to lower investment rates and productivity growth in the private sector. Meanwhile, Manley says productivity would improve with more investment, but that Canada is failing to help its companies reach a scale where they can be highly productive.In March, a senior Bank of Canada official said the need to improve productivity has reached an "emergency level" with inflation becoming a bigger threat to the economy.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 14. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Former BoC governor Stephen Poloz warns about low business investment, lost productivityStephen Poloz is concerned about investment levels in Canada’s private sector and says investment has been dampened by higher government spending and volatility due to U.S. trade relations.
Fuente: CTVNews - 🏆 1. / 99 Leer más »

Former BoC governor Stephen Poloz warns on low business investment, lost productivityTORONTO — Stephen Poloz is concerned about investment levels in Canada’s private sector and says investment has been dampened by higher government spending...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Former BoC governor Stephen Poloz warns on low business investment, lost productivityTORONTO — Stephen Poloz is concerned about investment levels in Canada’s private sector and says investment has been dampened by higher government spending and volatility due to U.S. trade relations.
Fuente: SooToday - 🏆 8. / 85 Leer más »