Central bank: overregulation keeping Canadian productivity “ in a vicious circle”
Canada’s prolonged period of low productivity has become “stuck in a vicious circle,” according to Bank of Canada deputy governor Nicolas Vincent.
Canada’s prolonged period of low productivity has become “stuck in a vicious circle,” according to Bank of Canada deputy governor Nicolas Vincent, who suggested Ottawa reduce the regulatory burden placed on companies to revitalize competition.
“To put it bluntly, we’re stuck in a vicious circle,” said Vincent during a press conference on …
