Morning Update: Canada’s per capita output drops 7% below trend, new Statscan report says

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Weak productivity, business investment contribute to sluggish economic performance

To return to trend over the next decade, real GDP per capita would need to grow at an average annual rate of 1.7 per cent, but the authors of the report write that “per capita growth of this magnitude is ambitious and a marked departure from recent trends.”

By yesterday, tent villages had sprung up at the Massachusetts Institute of Technology, the University of Michigan and California State Polytechnic, among other schools. At the University of Texas in Austin, police in riot gear, some of them on horses and motorcycles, broke up a pro-Palestinian march and arrested more than a dozen protesters to stop a planned encampment.

Leaders in the medical profession blame the problem on the demands of the administrative work that primary-care practitioners face and the fact that other medical specialties, such as surgeons, are paid much more.

 

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