Monday, December 5, 2011

Canadian productivity

"...labour productivity growth in Canada has slowed to an average of just 0.7 percent per year in the 2000s, less than half the rate in the 1990s and far below the 2.7 percent annual growth in the United States. The productivity slowdown in manufacturing industries is even larger. This has ominous implications for income growth as well as international competitiveness."

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