Workers in Canada are now only 70 per cent as productive as their counterparts in the US
Workers in Canada are now only 70 per cent as productive as their counterparts in the United States, and our productivity growth lags that of the United Kingdom, Germany and France.August 14, 2024 From: Martin Eichenbaum, Michelle Alexopoulos and Jeremy M. Kronick >Many reasons have been cited for the country’s poor performance, over-regulation and barriers to competition and interprovincial trade among them. >But a lesser-known contributor to the problem is Canada’s focus on investment in the construction industry which tends to have weaker productivity than other industries, said Caranci. >Along with regulation barriers, the industry contains a large number of small … Continue reading Workers in Canada are now only 70 per cent as productive as their counterparts in the US
