The Financial Post reports in Friday, Nov. 20, edition that Bank of Canada Governor Stephen Poloz has said the pattern of economic growth since the last major downturn has been a "serial disappointment." The Post's Gordon Isfeld writes that Mr. Poloz spoke those words nearly two years ago. That refrain, however, has not lost its urgent pitch. Seven years after the 2007-09 global financial crisis "growth in many advanced economies continues to disappoint," the central bank said in a new study published Thursday. "Typically, growth rates during recovery years are often stronger than long-run averages as economies strive to catch up on lost activity," the authors of the report said. "This time, however, growth has continuously disappointed, and forecasters have regularly adjusted their forecasts downwards." The numbers underline that disappointment. The BOC points to annual growth in advanced economies of about 3.6 per cent between 1985 and 2007, before falling to 1.4 per cent from 2010 to 2014 -- a period when they should have been in recovery mode. The BOC study points to regulatory reforms in the global financial sector that "should reduce the likelihood" of another large financial crisis.