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The purpose of this report is to shed light on the dynamics and determinants of productivity growth in nine selected natural resource industries and in the overall natural resource sector in Canada. This report provides a concise review of the findings of a detailed analysis undertaken by the...
Persistent link: https://www.econbiz.de/10005481830
In recent years, the productivity performance of oil and gas extraction in Canada has been dismal. Based on official real GDP and labour input estimates from Statistics Canada, labour productivity in oil and gas extraction fell 8.23 per cent per year between the 2000 cyclical peak and 2007, with...
Persistent link: https://www.econbiz.de/10008489037
The forest products sector in Canada has faced hard times since 2000. In terms of productivity growth, the sector as a whole has performed poorly relative to the total-economy average. Labour productivity in the sector grew by 0.38 per cent per year between 2000 and 2007, below the economy-wide...
Persistent link: https://www.econbiz.de/10008489038
In recent years, the productivity performance of mining in Canada has been very poor. Based on official real GDP and labour input estimates from Statistics Canada, labour productivity in mining fell by 2.21 per cent per year between the 2000 cyclical peak and 2007, with capital productivity down...
Persistent link: https://www.econbiz.de/10008489039
This report aims to accomplish three objectives: provide an assessment of Canada’s productivity performance; provide a synthesis of the productivity studies conducted by the Centre for the Study of Living Standards (CSLS) and the McKinsey Global Institute; and develop a framework for unbundling...
Persistent link: https://www.econbiz.de/10008489041
In recent decades, governments in Canada have pursued market-oriented policies at both the macro and micro levels. Economists believe that such policies should foster productivity growth. Since 2000, however, productivity growth in Canada has been dismal, much below that in the United States and...
Persistent link: https://www.econbiz.de/10008478852
The Alberta oil sands reserves represent a very valuable energy resource for Canadians. In 2007, Statistics Canada valued the oil sands at $342.1 billion, or 5 per cent Canada's total tangible wealth of $6.9 trillion. Given the oil sands' importance, it is essential to value them appropriately....
Persistent link: https://www.econbiz.de/10004985515
The objective of this report is to provide an overview of the evolution of productivity in the natural resources industries in Canada over the last 40 years. This report presents data and discusses trends in labour and total factor productivity for natural resources industries in Canada over the...
Persistent link: https://www.econbiz.de/10005650224