Adding, “A tax rate just in line with the U.S. is probably not sufficient to counteract the country’s inherent strengths in drawing in investment and talent. Canada must aim to do better in order to level the playing field.” TD is far from the only firm criticizing the lack of productivity being fostered in Canada. Earlier this year, the Bank of Canada (BoC) warned the country’s lack of productive growth is at “crisis” levels and needs to be addressed immediately. The OECD also forecasts Canada’s per-capita real GDP growth will be dead last among advanced economies for the next 40 years. That was based on pre-pandemic data too, which has since worsened. https://betterdwelling.com/canadian-real-estate-fueling-productivity-crisis-quality-of-life-to-erode-td/