Canada\u0027s slow economic growth crisis won\u0027t end as long as politicians are more interested in redistributing our income than increasing it.
Finance Minister Chrystia Freeland herself acknowledged the crisis in her 2022 federal budget speech.
Her 2022 budget included a chart referencing a 2021 report by the Organization for Economic Co-operation and Development, forecasting that Canada’s annual economic growth rate from 2020 to 2060 will be the lowest among its 29-member nations, without fundamental changes in government policies targeted at increasing growth.Article content
“The persistent slump in both business investment and exports is symptomatic of structural shortcomings in Canada’s economy. These include low rates of business formation, regulatory uncertainty, barriers to investment , restrictions on internal trade, faltering confidence of foreign investors in Canada, and low levels of productivity and innovation.
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