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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 Program, Economic policy, In the Media, Latest News, Multimedia
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: BNNcbcCTVPhilip CrossPower and PoliticsPower Play
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  • Home
  • About
    • Who We Are
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    • Tenth Anniversary
    • Jobs
  • Experts
    • Experts Directory
    • In Memoriam
  • Issues
    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Energy
      • Health Care
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      • Justice
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    • Foreign Policy Program
      • Foreign Affairs
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    • COVID and after: A mandate for recovery
    • COVID Misery Index
      • Beyond Lockdown
    • Provincial COVID Misery Index
    • Centre for Advancing Canada’s Interests Abroad
      • Dragon at the Door
      • The Eavesdropping Dragon: Huawei
    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
    • Canada and the Indo-Pacific Initiative
    • DisInfoWatch.org
    • The Transatlantic Program
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
    • Past Projects
      • Justice Report Card
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
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