Looking beyond productivity stats will improve outcomes for Canadians

Having a bad short-term productivity performance since 2020 is a problem. Avoiding it at the cost of a continuing decline in the employment rate and increased inequality in the distribution of labour income would have been far worse.

Labour Minister Seamus O'Regan. A drop in labour productivity in return for achieving an all-time high in the prime age full-time employment rate, and a big increase in inflation-adjusted wages and salaries does not look like a bad bargain for the our economy or for Canadians, writes Michael Hatfield.The Hill Times photograph by Andrew Meade

Opinion

BY MICHAEL HATFIELD

December 14, 2023

Does Canada have a productivity problem?

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