Deloitte Canada: Bill Currie

Productivity Performance Dept: Canada s productivity performance has been declining for many years, in part because Canadians appear to be more concerned about protecting and preserving what they have than creating something new, Frank Vettese, managing partner and chief executive of business consultants Deloitte Canada said in the report, according to The Star. Report co-author Bill Currie, Deloitte Canada s Americas managing director, said the productivity problem stems from a cultural inclination to prudence, a sense of complacency in a comparatively affluent nation, and from structural causes and canada s culture of risk aversion may have helped it weather the credit crisis of the last decade better than most countries, but the tendency is hampering innovation and global competitiveness in 2012, a report said Monday. Trying to maintain the status quo . . . will simply leave us falling further behind other countries, he said, adding that poor productivity makes it difficult for startups to stay viable in the longer term. (www.immigrantscanada.com). As reported in the news.