Bank of Canada Governor Stephen Poloz was eager to strike an optimistic tone when he spoke recently to Queen’s University students and teachers about the future of work.
From the internal combustion engine to self-driving cars, disruptive technologies have always created more wealth and more jobs than they destroyed, he assured his audience in a speech last week.
The classic example of this phenomenon is agriculture. At the time of Confederation, roughly half of Canadians worked on the farm. That fell to one third in the 1920s, 15 per cent in the 1950s and finally to just 2 per cent today. […]
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