Current trends within Canada’s economic landscape, including reduced energy production, low labour productivity, and policy stagnation, show a “habitual” underachievement, an economic expert told MPs in a recent parliamentary committee meeting.
“Underachieving has become habitual in Canada over the past decade as we have ignored or even been outright contemptuous of entrepreneurship and innovation,” Philip Cross, a former chief economic analyst at Statistics Canada and a senior fellow at the Macdonald-Laurier Institute, said at a meeting of the House of Commons finance committee on Oct. 5.
