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Macdonald-Laurier Institute

Canada’s prospects for long-term growth should eclipse technical recession talk, Philip Cross tells BNN

September 4, 2015
in Domestic Policy, Latest News, In the Media, Multimedia, Economic Policy
Reading Time: 2 mins read
A A

The debate about whether Canada is in a technical recession or not is immaterial. What matters is whether or not the economy can show sustained growth over time.

That was the message from Philip Cross, Senior Fellow with the Macdonald-Laurier Institute, in an interview with BNN.

Cross says a discussion about the phrase technical recession is a waste of time.

“It doesn’t address the question also of whether the decline is widespread or diffuse enough to be called a recession”, he says.

Instead what will matter is the Canadian economy’s ability to sustain growth over the long-term.

“The important thing is whether growth stalls or picks up significantly, as we’ve seen in the U.S.”, says Cross.

Cross has taken part in several interviews regarding the economy in recent weeks, including with CTV’s Power Play and CBC’s Power and Politics.

He also authored a column on the recession talk in a column in the Financial Post.

Tags: Philip CrossBNNPower PlayPower and PoliticsCTVcbc

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  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
  • Experts
    • Experts Directory
    • In Memoriam
  • Issues
    • Domestic Policy
      • Economic Policy
      • Justice
      • Rights and Freedoms
      • Assisted Suicide (MAID)
      • Health Care
      • COVID-19
      • Gender Identity
      • Canada’s Political Tradition
      • AI, Technology and Innovation
      • Media and Telecoms
      • Housing
      • Immigration
      • Agriculture and Agri-Food
      • Competition Policy
    • Energy Policy
      • Energy
      • Environment
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      • Israel-Hamas War
      • Ukraine
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    • Justice Report Card
    • The Great Energy Crisis
    • DisInfoWatch.org
    • Double Trouble
    • Digital Policy & Connectivity
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    • Defending The Marketplace of Ideas
    • Reforming the University
    • Past Projects
      • Canada and the Indo-Pacific Initiative
      • The Transatlantic Program
      • COVID Misery Index
      • Speak for Ourselves
      • The Eavesdropping Dragon: Huawei
      • Talkin’ in the Free World with Mariam Memarsadeghi
      • An Intellectual Property Strategy for Canada
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
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