Labour productivity in Canada edged up 0.6% in the second quarter, rebounding from a 1.7% decline in the previous quarter. It was the first productivity gain since the second quarter of 2020, as the drop in hours worked more than offset the fall in output. The three months ending June were marked by the reimposition of public health restrictions in the peak of a pandemic wave in April and May, which were then relaxed in June. Thus, hours worked in the business sector decreased 1.1%, the first decline in a year, following a strong 3.1% advance in the previous quarter and stood 6.1% below levels seen in the fourth quarter of 2019. The hours worked in goods-producing businesses were down by -1.6%, while within service-producing businesses the drop was more moderate at 1%. Additionally, output from Canadian businesses shrank 0.6% in the June quarter, following a downwardly revised 1.4% in the previous quarter, slightly shifting away from its pre-pandemic levels. source: Statistics Canada

Productivity in Canada averaged 89.13 points from 1981 until 2021, reaching an all time high of 126.77 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 December of 2021.

Productivity in Canada is expected to be 112.00 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 110.00 points in 2022, according to our econometric models.

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Canada Productivity


Calendar GMT Actual Previous Consensus TEForecast
2021-06-04 12:30 PM Q1 -1.7% -2.1% 3%
2021-09-03 12:30 PM Q2 0.6% -1.7% 1.1%
2022-03-04 01:30 PM Q4


Related Last Previous Unit Reference
Unemployment Rate 6.70 6.90 percent Oct/21
Employed Persons 19162.40 19131.20 Thousand Oct/21
Unemployed Persons 1365.60 1421.80 Thousand Oct/21
Part Time Employment -5.20 -36.50 Thousand Oct/21
Full Time Employment 36.40 193.60 Thousand Oct/21
Employment Change 31.20 157.10 Thousand Oct/21
Labor Force Participation Rate 65.30 65.50 percent Oct/21
Youth Unemployment Rate 10.20 11.30 percent Oct/21
Labour Costs 117.14 114.02 points Jun/21
Productivity 110.73 110.11 points Jun/21
Wages 27.49 27.46 CAD/Hour Sep/21
Minimum Wages 14.35 14.25 CAD/Hour Oct/21
Wages in Manufacturing 27.43 27.54 CAD/Hour Sep/21
Population 38.01 37.78 Million Dec/20
Average Hourly Earnings 31.03 30.91 CAD Oct/21
Employment Rate 61.00 60.90 percent Oct/21
Wage Growth 2.60 2.56 percent Sep/21
Non Farm Payrolls 16613.90 16289.10 Thousand Jul/21
Job Vacancies 731905.00 553480.00 Jun/21

News Stream
Canada Labor Productivity Rebounds in Q2
Labour productivity in Canada edged up 0.6% in the second quarter, rebounding from a 1.7% decline in the previous quarter. It was the first productivity gain since the second quarter of 2020, as the drop in hours worked more than offset the fall in output. The three months ending June were marked by the reimposition of public health restrictions in the peak of a pandemic wave in April and May, which were then relaxed in June. Thus, hours worked in the business sector decreased 1.1%, the first decline in a year, following a strong 3.1% advance in the previous quarter and stood 6.1% below levels seen in the fourth quarter of 2019. The hours worked in goods-producing businesses were down by -1.6%, while within service-producing businesses the drop was more moderate at 1%. Additionally, output from Canadian businesses shrank 0.6% in the June quarter, following a downwardly revised 1.4% in the previous quarter, slightly shifting away from its pre-pandemic levels.
2021-09-03
Canada Labour Productivity Falls for the 3rd Quarter
Labour productivity in Canada fell 1.7% in the first quarter, after posting a decline of 2.1% in the previous quarter and a record decrease of 9.8% in the third quarter of 2020. This third consecutive quarterly drop continued to offset the strong gains in productivity observed in the first two quarters of 2020. Meanwhile, hours worked in the business sector rose 3.2% in the first quarter, the third-largest consecutive gain ever seen. It follows a strong 4.8% advance in the previous quarter and a net rebound of 23.1% in the third quarter of 2020. Growth in businesses' real GDP slowed to 1.5% in the first quarter, down from the increase of 2.5% in the previous quarter and the 11.1% rebound in the third quarter of 2020. The output of goods-producing businesses was relatively closer to its pre-COVID-19 level (-1.3%), while the output of service-producing businesses was 4.1% below its level in the fourth quarter of 2019.
2021-06-04
Canada Labour Productivity Falls Less in Q4
Labour productivity in Canada fell 2% on quarter in the fourth quarter of 2020, following a revised record 10.6% plunge in the prior period, with hours worked rising faster than business output following restrictive lockdown measures to curb the second wave of the COVID-19 pandemic. Hours worked in the business sector rose 4.6%, the second-largest increase on record, following a 24.2% surge in the previous period. The real GDP of businesses slowed to 2.5% compared to 11% in the third quarter, as output in both goods-producing and service-producing businesses rose at a much slower rate than in the previous quarter. On average, in 2020, the labour productivity of Canadian businesses saw unprecedented increases since the quarterly data series began in 1981, with an annual gain of 8.8%. This is due primarily to the fact that the sharp gains in productivity in the first and second quarters were only partly offset by the declines posted in the third and fourth quarters.
2021-03-04

Canada Productivity
In Canada, Productivity is the real value of output produced by a unit of labor during a certain time.