One percentage point increase in economic growth would increase Canada’s per person income by more than $19,000
The Costs of Slow Economic Growth
By Fraser Institute —— Bio and Archives--October 10, 2019
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—An annual economic growth rate of 3 per cent would spur an approximately $45,000 increase in Canada’s per-person income after 20 years, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Increased economic growth means improved living standards for Canadians, so economic growth remains an issue worthy of serious attention,” said Steven Globerman, Fraser Institute senior fellow and editor of The Costs of Slow Economic Growth, the first study in a series on economic growth in Canada.Welcome to CFP’s Comment Section!
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