Stephen S Poloz: A new balance point – global trade, productivity and economic growth Remarks by Mr Stephen S Poloz, Governor of the Bank of Canada, to the Investment Industry Association of Canada and Securities Industry and Financial Markets Association, New York City, 26 April 2016.
I will then go over some numbers on employment and productivity, with the purpose of demonstrating just how significant the impact of the right kind of employment transitions on inclusive growth can be. Finally, I will offer some suggestions on the elements of a strategy that will facilitate the required transitions.