What Australia can learn from Canada’s economic woes

Canada’s economy is facing strikingly similar issues to our own. Though they came out of the GFC in reasonably good shape, they now have a declining mining sector and a housing bubble bigger than Sydney’s. Interest rates are at record lows and the Canadian government is under pressure to diverisfy the economy and generate jobs. So what can Australia learn from Canada’s economic woes?

Story features: Jim Stanford, Economist at Unifor, Canada’s largest private sector trade union.

 

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