The Financial Post reports in its Tuesday edition that ever since the federal government imposed caps on temporary residents, economists have been talking about how the move might compel businesses to invest more on technology instead of relying on "cheap labour" from abroad. The Post's Naimul Karim writes that concerns around Canada's struggling productivity rate received even more attention last week after Bank of Canada senior deputy governor Carolyn Rogers said the country needs to tackle its poor efficiency numbers to inoculate the economy against future inflation. Economists have lauded the cap as a positive move toward tackling productivity issues and housing shortages, but businesses are worried it could unfairly penalize some industries that are already facing labour shortages and rely on newcomers to fill them. Avery Shenfeld, chief economist at CIBC Capital Markets, said it is time to take a fresh look at the facts to cure the "underlying disease." In a note last week, he said Statistics Canada, with its "firm-level data," needs to take the lead. "Are lower-cost, less-skilled temporary foreign workers undercutting Canada's output per hour, or incenting business to spend less on labour-saving technology?"