BoC Governor Stephen Poloz:-
- There are utapped potential in the economy, including workforce by youth, women, indigenous peoples, Canadians with disabilities and recent immigrants to Canada
- It is not much of a stretch to imagine that Canada’s labour force could expand by another half a million workers,”
- If the economy builds more supply than usual, that will put downside risk on inflation; if less, that will create upside risk to inflation, and it is our job to balance those risks,”
- “We cannot know in advance how far the capacity-building process can go, but we have an obligation to allow it to occur.”
Full speech Today’s Labour Market and the Future of Work
