Weak productivity is an economic ‘emergency,’ Bank of Canada warns (globalnews.ca)

submitted 7 months ago by rainulf@booja.ca to c/canada@lemmy.ca

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[-] TheAgeOfSuperboredom@lemmy.ca 50 points 7 months ago

This article is a lot better than I expected, since it's not blaming us regular people for not working hard enough.

Rogers pointed to a lack of competition across Canada’s industries as not driving companies to invest.

Canada is also “too often” failing to make proper use of skilled newcomers joining the labour pool, she said, which has major implications for productivity rates.

[-] CanadaPlus@lemmy.sdf.org 32 points 7 months ago

Oh shit, I must have skipped over the newcomers bit. Yeah, doctors working at Timmies while people can't get a doctor is also ridiculous.

[+] MamboGator@lemmy.world 15 points 7 months ago* (last edited 4 months ago)

[deleted]

[-] Nouveau_Burnswick@lemmy.world 6 points 7 months ago

Some sort of standardization test?

I don't know about the medical field, but we already have that for other professions just between provinces.

[-] girlfreddy@lemmy.ca 6 points 7 months ago

Iirc there's testing and residency requirements that need to be fulfilled. Problem is that the Royal College of Pysicians and Surgeons of Canada hasn't increased their available residency positions in years ... essentially road-blocking the massive increase in doctors we need (especially family doctors).

[-] dgmib@lemmy.world 5 points 7 months ago* (last edited 7 months ago)

I know nothing about but was curious why they haven increased their residency positions.

One of the first hits on was this article, it seems like the issue (at least for family doctors) isn’t a lack of available residency positions since 268 positions went unfilled.

Sounds like it has more to do with the job basically sucks compared to other specialties, a few reasons mentioned in the article:

Provinces are effectively forcing family doctors to crank patients through at a high rate since they’re pay is based on the number of pts the see in a day
Family practice involves less collaboration with other physicians, less opportunity for professional growth.
Political climate, notably in Alberta, is outright hostile towards doctors.

Doesn’t really explain what’s hindering doctors trained abroad from becoming doctors here.

Seems to me that a program designed to help foreign trained doctors become licensed here would be a good investment.

[-] lobut@lemmy.ca 5 points 7 months ago

My friend's dad was a doctor in Saudi Arabia and before being able to become a doctor in Canada he would have to have done like a 2 year program that involved him going to other provinces and stuff. His dad apparently didn't bother going through with it and just went back to Saudi.

[-] CanadaPlus@lemmy.sdf.org 4 points 7 months ago* (last edited 7 months ago)

Yeah, I've had a questionable Nigerian doctor as well. I can't say for sure whether that's training, that particular doctor, or just some kind of cultural disconnect. I'd probably need to be a doctor to know.

There is upgrading options in some cases, but I get the sense they're as much of a clusterfuck as everything else. I think it's like 50% of MDs that actually end up practicing after coming here.

[-] bionicjoey@lemmy.ca 7 points 7 months ago

Rogers pointed to a lack of competition across Canada’s industries as not driving companies to invest.

Ironic someone named "Rogers" complaining about a lack of competition

[-] CanadaPlus@lemmy.sdf.org 25 points 7 months ago

It really is. There's no good reason for the world's most educated country (by a reasonable margin) to be like this. The bad reason is that we're so damn bad at anti-trust, and so our market is stuffed with oligopolies that just coast. Is there any news on the revamped competition act?

[-] TheAgeOfSuperboredom@lemmy.ca 1 points 7 months ago

I haven't heard of a new competition act. Is that a thing?

[-] CanadaPlus@lemmy.sdf.org 2 points 7 months ago

Yeah. I looked it up, law as of the end of last year. I guess it just hasn't bitten anyone yet.

[-] delirious_owl@discuss.online 19 points 7 months ago* (last edited 7 months ago)

I've heard WFH and switching to a 32 hour work week can fix this

[-] SplashJackson@lemmy.ca 5 points 7 months ago

Better force everyone back into the office, I'm sure that'll make everyone strive to be more productive

this post was submitted on 26 Mar 2024

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