Quote:
Originally Posted by ToxiK
First, we have a productivity problem. Let's work on that then we will be able to better evaluate our true needs in immigration. The goals set by the Liberal Government are unsustainable.
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I will give you the bad news, our "Productivity problem" is going to get worse.
If your measure of productivity is GDP/capita, then with an aging population and the number of people not working going up that is going to make it work.
As we grow, we are going to have more people working in the service sector vrs natural resources. Those are lower margin labour intensive businesses that contribute less per capita to GDP that say oil exports.
I am all for increasing the number of people working in manufacturing and limiting the exports of unprocessed raw materials, however that is not the direction we are going in.
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