Canada's Productivity Slump Tied to Surge in Population Growth and Lagging Business Investment

Canada's recent surge in population growth is behind 2/3 of the country's declines in productivity
Low business investment levels combined with a sudden increase in population growth of 1.25 million last year drove the productivity drop
There is an ideal "sweet spot" for economic immigration that benefits everyone, but Canada has gone far off course recently
The rise in temporary foreign workers has kept a lid on higher wages, giving businesses little incentive to invest in productivity
The federal government has announced immigration policy changes, but more focus is needed on boosting investment as part of a productivity agenda