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Political Spin: Canadians are becoming poorer

A column by Bruce Uzelman

A column by Bruce Uzelman

Ahead of the federal budget, the Bank of Canada (BOC) issued a sharp warning on falling business investment and productivity. (Productivity is a measure of the efficiency of the economy.) Senior deputy governor, Carolyn Rogers, in a speech in Halifax last week, declared, “You’ve seen those signs that say, ‘In emergency, break glass.’ Well, it’s time to break the glass.

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