In future, inflation may be more of a threat than it has been over past few decadesProductivity is a way to inoculate the economy against inflationLevel of productivity in Canada’s business sector is more or less unchanged from where it was 7 years agoRecently we’ve had firms say current interest rate environment is making investment more difficultBut investment levels were also weak in pre-pandemic years, when rates were much lower than today
This article was written by Adam Button at www.forexlive.com.