The senior deputy governor of the Bank of Canada recently said that productivity in Canada is a huge concern. It's actually an emergency, break glass situation right now.
We know that in Canada there have been six consecutive GDP per capita declines. We also know that Canada's GDP per capita growth is the lowest in all of the OECD countries. In fact, the GDP per capita now is lower than it was in 2018.
Do you agree with Deputy Governor Rogers that productivity is a break glass emergency situation today?