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Philip Cross: We revived a moribund economy before. We can do it again

The good news is that slow growth is because of bad policies that can be reversed. The policy mix of the early 1990s would be a good start.

After more than a decade of dismal GDP and productivity growth it’s easy to despair about Canada’s capacity to revive its economy. The good news is that our 10-year slump is largely due to policy, and policy can be reversed. We can stop emphasizing redistribution over income growth, consumption over investment, labour over capital, and regulation over market forces.

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