Rogers underscored the advantages of boosting productivity, noting that it leads to higher revenue for companies, which in turn allows them to offer better wages without raising prices. This improvement benefits workers, businesses, and central bankers alike.
She also called for attention to labor composition, including training and “re-skilling” for current workers, and optimizing the use of immigrant skills to avoid relegating new Canadians to low-wage, low-productivity jobs.
Rogers identified competition as her primary concern, pointing out that certain Canadian sectors lack competition from within other provinces, foreign companies, or new market entrants.
She argued that while protecting local businesses can be valid, excessive protection might hinder business investment.
Rogers advocated for creating more regulatory certainty and streamlining processes to boost business confidence and encourage investments that enhance productivity.
