Everyone from the Bank of Canada to leading economists from across the country are discussing what’s at the root of Canada’s productivity challenges.
To help us sort through the discussion, I’m joined this episode by the Conference Board of Canada’s Director of Economic Research Tony Bonen and the Founder and Executive Director of the Centre for the Study of Living Standards (CSLS) Andrew Sharpe.
We discuss how we should understand productivity and why it’s important for it to improve. Near the end of the episode we hear about new research from the Conference Board of Canada linking skills to our productivity challenges. We’ll hear that Tony thinks this is a promising new avenue—in part because there are many levers that the government can use to support skills development.
About our guests:
Tony Bonen is the Director of Economic Research at The Conference Board of Canada. In this role Tony provides strategic leadership to a dynamic team producing insightful custom analyses for the Board’s partners.
Tony brings significant experience managing research and providing guidance on a wide range of economic issues. Prior to joining the Board, he served as the Executive Director at the Labour Market Information Council (LMIC), building on his previous work as LMIC’s founding Director of Research, Data and Analytics. While in the risk department at the Canada Mortgage and Housing Corporation (CMHC), Tony led the development of housing price and macroeconomic forecasts used in stress testing. He analyzed the economic impacts of climate change and the US pension and retirement system at the Schwartz Center for Economic Policy Analysis, and the economic policy and geopolitical analysis affecting member countries while at the NATO Parliamentary Assembly.
Andrew Sharpe is founder and Executive Director of the Ottawa-based Centre for the Study of Living Standards (CSLS). Established in 1995, CSLS is a national, independent, non-profit research organization. Its main objectives are to study trends and determinants of productivity, living standards and economic well-being and to develop policy recommendations to improve the lives of Canadians. He has held a variety of earlier positions, including Head of Research at the Canadian Labour Market and Productivity Centre and Chief, Business Sector Analysis at the Department of Finance. He holds a M.A. and Ph.D in economics from McGill University, a maitrise in urban geography from the Université de Paris-Sorbonne, and a B.A. from the University of Toronto. He is also founder and Editor of the International Productivity Monitor and Executive Director of the International Association for Research on Income and Wealth, an international research association dedicated to the advancement of knowledge relating to income and wealth.