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Macdonald-Laurier Institute

Weak economy leaves Canada vulnerable to one-time shocks: Cross on BNN

September 14, 2016
in Latest News, Multimedia, Philip Cross
Reading Time: 1 min read
A A


Canada’s economy has so little wind in its sails that unexpected events, such as the recent wildfires in Alberta, can easily knock it off course.

That was the message from Philip Cross, who appeared on BNN to discuss his most recent quarterly economic update for the Macdonald-Laurier Institute.

“The economy’s underlying trend of growth is so weak that every time something unusual like this happens we flip into negative territory”, says Cross.

Tags: BNNPhilip Cross
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