Workers in Canada are now only 70 per cent as productive as their counterparts in the US


Workers in Canada are now only 70 per cent as productive as their counterparts in the United States, and our productivity growth lags that of the United Kingdom, Germany and France.August 14, 2024 From: Martin Eichenbaum, Michelle Alexopoulos and Jeremy M. Kronick >Many reasons have been cited for the country’s poor performance, over-regulation and barriers to competition and interprovincial trade among them. >But a lesser-known contributor to the problem is Canada’s focus on investment in the construction industry which tends to have weaker productivity than other industries, said Caranci. >Along with regulation barriers, the industry contains a large number of small … Continue reading Workers in Canada are now only 70 per cent as productive as their counterparts in the US

Market Selloff: Fed May Have Played the Rate-Cut Waiting Game Too Long – Bloomberg


What a difference a day makes. After rising on expectations of a September rate cut, stocks sell off after a slew of data points to recession. — Read on http://www.bloomberg.com/opinion/articles/2024-08-02/market-selloff-fed-may-have-played-the-rate-cut-waiting-game-too-long Continue reading Market Selloff: Fed May Have Played the Rate-Cut Waiting Game Too Long – Bloomberg

The Productivity Era


Where are we with AI now evolution Introduction I have written about AI from business perspective. Here I will look forward and cover how my original vision of AI as a business tool is coming along. Artificial Intelligence was introduced to most of us as ‘smart chat’. My original belief however was shaped earlier in 2023 which took it much further than chat. The shift in my vision took the impact a holistic vision of business benefit, social change and structural change. The model I had in mind is the British Industrial revolution which I covered earlier. There the shifts … Continue reading The Productivity Era