Governments and central banks around the world are struggling to develop and implement viable policy options to lift economic growth rates. The weak recovery since the 2008 global financial crisis has caught many policy makers off guard. In spite of record low interest rates, businesses are not increasing investment rates in Canada. Our major labour market indicators have not returned to pre recession levels. Youth unemployment rates remain high just as Canada faces a major aging demographic transition.
What short and long term strategies are Canada and other countries using to restore growth? Is it time to consider other policy options?
Join Kevin Page, Canada's first Parliamentary Budget Officer, to find out!