Canada can't catch US

International Journal of Productivity and Performance Management

ISSN: 1741-0401

Article publication date: 26 July 2011

Citation

(2011), "Canada can't catch US", International Journal of Productivity and Performance Management, Vol. 60 No. 6. https://doi.org/10.1108/ijppm.2011.07960faa.008

Publisher

:

Emerald Group Publishing Limited

Copyright © 2011, Emerald Group Publishing Limited


Canada can't catch US

Article Type: News From: International Journal of Productivity and Performance Management, Volume 60, Issue 6

Labour productivity in Canadian businesses rose last year at the fastest pace since 2005 but still lagged behind the comparable US rate as the stronger currency pushed up costs, according to Statistics Canada.

In the fourth quarter of 2010, productivity, a measure of economic output per hour worked, rose 0.5 percent, beating the market forecast of a 0.2 percent gain.

Productivity increased 1.4 percent in the full year, up from 0.4 percent in 2009 but well below the US productivity gain of 3.8 percent in the same period.