Labor productivity for Canadian businesses rose 0.2% in the second quarter, after falling 0.5% in the previous quarter. This was the first increase in productivity since the second quarter of 2020, as the lifting of public health measures in almost all regions of the country during the second quarter led businesses to carry out their economic activities without any pandemic-related restrictions. For the first time since the beginning of the pandemic, business output rose faster than hours worked, but productivity is still 1.3% below pre-pandemic levels. Hours worked in the business sector rose 0.7%, much less than in each of the three previous quarters. source: Statistics Canada

Productivity in Canada averaged 89.46 points from 1981 until 2022, reaching an all time high of 126.52 points in the second quarter of 2020 and a record low of 67.26 points in the third quarter of 1981. This page provides - Canada Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Productivity - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Productivity in Canada is expected to be 110.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Productivity is projected to trend around 113.00 points in 2023 and 114.00 points in 2024, according to our econometric models.

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Canada Productivity



Calendar GMT Actual Previous Consensus TEForecast
2022-06-03 12:30 PM Q1 -0.5% -0.6% -0.2%
2022-09-02 12:30 PM Q2 0.2% -0.5% -0.3%


Related Last Previous Unit Reference
Unemployment Rate 5.40 4.90 percent Aug 2022
Unemployed Persons 1113.00 1007.10 Thousand Aug 2022
Employed Persons 19526.80 19566.50 Thousand Aug 2022
Full Time Employment -77.20 -13.10 Thousand Aug 2022
Part Time Employment 37.50 -17.50 Thousand Aug 2022
Employment Change -39.70 -30.60 Thousand Aug 2022
Labor Force Participation Rate 64.80 64.70 percent Aug 2022
Youth Unemployment Rate 9.90 9.20 percent Aug 2022
Productivity 106.98 106.78 points Jun 2022
Labour Costs 126.64 124.15 points Jun 2022
Wages 28.61 28.45 CAD/Hour Jun 2022
Minimum Wages 15.50 15.00 CAD/Hour Oct 2022
Wages in Manufacturing 29.03 28.18 CAD/Hour Jun 2022
Population 38.44 38.01 Million Dec 2021
Employment Rate 61.30 61.60 percent Aug 2022
Average Hourly Earnings 32.52 32.37 CAD Aug 2022
Wage Growth 3.50 2.50 percent Jun 2022
Non Farm Payrolls 17565.00 17426.00 Thousand Jun 2022
Job Vacancies 890385.00 915545.00 Mar 2022

Canada Productivity
In Canada, Productivity is the real value of output produced by a unit of labor during a certain time.
Actual Previous Highest Lowest Dates Unit Frequency
106.98 106.78 126.52 67.26 1981 - 2022 points Quarterly
SA, 2012=100

News Stream
Canada Productivity Rises for First Time in Two Years
Labor productivity for Canadian businesses rose 0.2% in the second quarter, after falling 0.5% in the previous quarter. This was the first increase in productivity since the second quarter of 2020, as the lifting of public health measures in almost all regions of the country during the second quarter led businesses to carry out their economic activities without any pandemic-related restrictions. For the first time since the beginning of the pandemic, business output rose faster than hours worked, but productivity is still 1.3% below pre-pandemic levels. Hours worked in the business sector rose 0.7%, much less than in each of the three previous quarters.
2022-09-02
Canada Labour Productivity Declines for 7th Quarter
Labour productivity in Canada declined by 0.5% in the first quarter of 2022, easing from an upwardly revised 0.6 percent fall in the previous quarter and marking the seventh consecutive quarterly decrease. Hours worked increased more than the business output, with hours worked in goods-producing industries and service-producing industries rising at the same pace of 1.4%. Overall, all the main industry sectors saw an increase in hours worked, except for accommodation and food services (-1.6%). Meanwhile, output from Canadian businesses eased to 0.9%, from 2% in the previous quarter, mainly driven by a slowdown in output of service-producing industries(0.6% vs 2.3%) due to tightened restrictions on account of the Omicron variant early in the quarter. In contrast, output continued to rise in goods-producing industries, increasing 1.8% in the first quarter of 2022 after posting a 1.6% gain in the previous quarter.
2022-06-03
Canada Labour Productivity Declines in Q4
Labour productivity in Canada declined by 0.5% in the fourth quarter of 2021, easing from the downwardly revised 1.2% decline in the previous quarter and marking the sixth consecutive quarterly decrease. Hours worked increased more than business output, particularly in sectors that were affected the most since the pandemic began, including retail trade, accommodation and food services, construction, professional services, and manufacturing. Hours worked in the business sector rose by 2.6% in the fourth quarter, following a 2.7% increase in the previous period and gaining in both service producing industries (2.9%) and goods producing industries (1.8%). Meanwhile, output from Canadian businesses rose 2%, extending last quarter’s 1.4% increase. Overall, all major industries increased their output in the fourth quarter, except the utilites sector (-0.1%).
2022-03-04