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Mar 26, 2024 · Senior Deputy Governor Carolyn Rogers explains how higher productivity can protect the economy from future bouts of inflation and why fixing Canada's productivity problem should be a priority for all Canadians.
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Jun 5, 2024 · In addition to cutting red tape, reducing trade barriers and fixing the tax system, Janzen identified a few actions Canada can take to increase productivity including making better use of the influx of skilled immigrants and getting better at adopting new technologies.
Jan 6, 2024 · How can Canada improve its productivity? Porter said in his November report that there’s no easy solution for Canada’s productivity problem, adding that policymakers have been grappling...
Mar 26, 2024 · Three elements contribute to stronger productivity: capital intensity—giving workers better physical tools like machinery, and using new technologies to improve efficiency and output; labour composition—improving workers’ skills and training; multifactor productivity—using capital and labour more efficiently
Jun 4, 2024 · Productivity in Canada lags in most industries versus the U.S., but the Canadian economy is also overweight in construction, where productivity growth has been slower. Investment in residential structures accounts for twice the share of GDP in Canada (6%) than in the U.S. (3%).
Jun 7, 2023 · Canada needs to improve the way we work. Improving our productivity ranking will take years, but by taking steps in education, in the private sector and in government, we can achieve national...
May 24, 2022 · The main reason for Canada’s inability to generate gains in per capita GDP is its persistent inability to achieve meaningful gains in labour productivity. How has Canada’s labour productivity changed relative to peer countries since 2000?
