Sentences with phrase «canadian labour productivity»

In a presentation to the Canadian Association for Business Economics in August, Industry Canada economist Annette Ryan reiterated the familiar productivity lament: beginning in the 1980s, growth in Canadian labour productivity, defined as GDP per hour worked, has been steadily declining and now trails the U.S. and the majority of other G7 countries.

Not exact matches

«That's equal to a permanent increase in output of almost $ 1,000 per Canadian every year, and that's even before you factor in the possible investment and productivity gains that would come with such an increase in labour supply,» he said.

I don't know what was happening to Canadian productivity before 1973, but even if there was no growth in output per worker, the increase in our labour terms of trade would have induced significant gains in real wages.

Automation, artificial intelligence and other innovations will benefit the Canadian economy by boosting productivity and living standards, but they could also have less desirable side effects on the labour market and income distribution that will have to be managed, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins said today.

For example, to calculate what portion of the Canada-U.S. gap in income per capita is due to Canada's lower labour productivity, we substitute U.S. labour productivity into the equation but keep Canadian data for the other four components (hours worked, unemployment, labour force participation, and demographic structure).

The U.S. Bureau of Labor Statistics has just released a comparison of manufacturing output, employment, productivity, and unit labour costs in 16 different industrialized countries. Here's the link: http://www.bls.gov/news.release/pdf/prod4.pdf This data confirms that Canada's manufacturing industry is in the midst of a uniquely terrible crisis. Some commentators have suggested that the sharp decline in Canadian -LSB-...]

The labour productivity of Canadian businesses fell by 0.6 per cent in the third quarter, the second consecutive decline, as the number of hours worked grew faster than business output.

To further contextualize Canada's serious issue with its productivity growth, a report put out by the Council of Canadian Academies states that since 1984, the relative labour productivity in the Canadian business sector dropped from more than 90 % of the US level to 76 % in 2007, putting the country 15th out of 18 comparative Organisation for Economic Co-operation and Development (OECD) countries.

In the Council's pre-budget submission to this committee we urged the government to boost Canadian productivity by increasing female labour force participation, supporting women in STEM, enabling seniors to work for longer and helping Canadians navigate the changing job market.

Canadian and U.S. labour productivity tracked each other fairly closely through the 1990s, but diverged at roughly the same time as commodity prices surged.

Jim Stanford, chief economist at Unifor, the union representing Canadian auto workers, says Canadian labour costs are on par with other developed nations, and points out we've better productivity rates and a higher quality workforce than the U.S.

While surviving the declined labour productivity in the last two quarters, the first quarter statistics revealed a modest but hopeful increase by 0.3 % for Canadian businesses, with a decrease in costs by 1.8 %, attributed in some way to the slight, but slowed growth in hourly compensation.