Canada’s low productivity is scary: University of Toronto’s Professor Angelo Melino [Video]

Angelo Melino, professor of economics at University of Toronto, Mississauga, and a former special adviser to the Bank of Canada joins BNN Bloomberg to preview the Bank of Canada’s interest rate decision on Wednesday. He says we are yet to see any real evidence of disinflation even as growth is slowing. He says Canada is failing to invest in its workers and the economy is doing horribly on the productivity front, and is already in a per capita GDP recession.

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