Labour productivity in Canada declined by 1.5 % in the third quarter, rebounding from a downwardly revised zero growth in the previous quarter as hours worked increased more quickly than the business output, particularly in sectors which add lower value to the productivity, like accommodation and food services,arts, entertainment and recreation. Hours worked in the business sector rose 2.9% in the third quarter, following a1.3% decline in the previous quarter and rebounding in both service-producing businesses (+ 3.8% vs 1.1% decline in Q2) and goods-producing businesses (+0.9% vs -1.7%). Meanwhile, output from Canadian businesses rose 1.4% ,rebounding from an upwardly revised 1.3% decline in the previous quarter.Overall, 10 of the 16 industry sectors increased their output, with the growth posted by service-producing businesses (+2.3%) more than offsetting the decline posted by goods-producing businesses (-0.9%). source: Statistics Canada

Productivity in Canada averaged 89.25 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 111.00 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
2021-09-03 12:30 PM Q2 0.6% -1.7% 1.1%
2021-12-03 01:30 PM Q3 -1.5% 0% -0.8% -0.4%


Related Last Previous Unit Reference
Unemployment Rate 6.00 6.70 percent Nov/21
Employed Persons 19316.10 19162.40 Thousand Nov/21
Unemployed Persons 1243.80 1365.60 Thousand Nov/21
Part Time Employment 73.80 -5.20 Thousand Nov/21
Full Time Employment 79.90 36.40 Thousand Nov/21
Employment Change 153.70 31.20 Thousand Nov/21
Labor Force Participation Rate 65.30 65.30 percent Nov/21
Youth Unemployment Rate 10.50 10.20 percent Nov/21
Labour Costs 120.63 117.14 points Sep/21
Productivity 109.01 110.67 points Sep/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
Employment Rate 61.40 61.00 percent Nov/21
Average Hourly Earnings 31.18 31.03 CAD Nov/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 Labour Productivity Declines in Q3
Labour productivity in Canada declined by 1.5 % in the third quarter, rebounding from a downwardly revised zero growth in the previous quarter as hours worked increased more quickly than the business output, particularly in sectors which add lower value to the productivity, like accommodation and food services,arts, entertainment and recreation. Hours worked in the business sector rose 2.9% in the third quarter, following a1.3% decline in the previous quarter and rebounding in both service-producing businesses (+ 3.8% vs 1.1% decline in Q2) and goods-producing businesses (+0.9% vs -1.7%). Meanwhile, output from Canadian businesses rose 1.4% ,rebounding from an upwardly revised 1.3% decline in the previous quarter.Overall, 10 of the 16 industry sectors increased their output, with the growth posted by service-producing businesses (+2.3%) more than offsetting the decline posted by goods-producing businesses (-0.9%).
2021-12-03
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 Productivity
In Canada, Productivity is the real value of output produced by a unit of labor during a certain time.