Canada Governor Stephen Poloz and Global Economy

global economy: Last week, the OECD – the rich-country think tank – released new statistics that, as the Wall Street Journal reported, "suggest the global economy once again faces a patchy, and therefore relatively weak, recovery." As global economies limp from crisis to crisis – never breaking but never really recovering, either – does something serious have to go wrong before the world can return to growth This is a question that must keep Bank of Canada Governor Stephen Poloz awake nights, according to CBC. And yet keeping destructive forces at bay will be one of Poloz jobs when he presents his Monetary Policy Report later this week. Canada creates 28,700 jobs but most are part timeU.S. job growth at lowest since 2013 The latest employment numbers from Canada and the U.S. showed job growth is OK, but not great. Economy stalled In his newly published book, Stalled, business commentator Michael Hlinka examines why the Canadian economy seems stuck in low gear. And yet after nearly a decade of Conservative government rule, the last term of which with a strong parliamentary majority, there are few signs that the Canadian economy is about to burst into life. His prescriptions, including a low minimum wage, less welfare, smaller government and low taxes, seem to come right out of a conservative playbook. (news.financializer.com). As reported in the news.