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This report looks at how the economic crisis has unfolded in Canada and what will be the impacts on economic wellbeing. The shortfall is estimated to be approximately $12,000 ($2007) per capita. In other words, given no economic crisis, GDP per capita in Canada would have likely been $1,736...
Persistent link: https://www.econbiz.de/10008489035
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 capital productivity down 5.97 per cent per year over the same …
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 …-par performance is entirely attributable to the paper manufacturing subsector, where labour productivity has collapsed since 2000. The …
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 0.28 per cent per year and total factor productivity (TFP) off 1.07 per …
Persistent link: https://www.econbiz.de/10008489039
This report presents new estimates of the Index of Economic Well-being (IEWB) and its four domains (consumption flows, stocks of wealth, economic equality and economic security) for Canada and the provinces for the 1981-2008 period. It finds that the IEWB advanced at a 1.20 per cent average...
Persistent link: https://www.econbiz.de/10008489040
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 slow productivity growth in Canada and the widening productivity gap with the …
Persistent link: https://www.econbiz.de/10008489041
Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given … inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of … productivity for the advancement of various aspects of social progress and in terms of understanding the feedback mechanisms …
Persistent link: https://www.econbiz.de/10005518911
In this chapter, William Watson challenges Heath's interpretation of the benefits of productivity growth, but agrees … productivity growth. Watson tackles Heath's assessment of the social benefits of productivity growth directly, starting with the … believes that the case for higher productivity would remain compelling. Without powerful analytical guidance, Watson concludes …
Persistent link: https://www.econbiz.de/10005518914
-run productivity growth rates using elements of the FOCUS macroeconometric model to conduct simulations on a 'base-case' projection of … points out changes in productivity growth rates can occur for a variety of reasons and can have many different possible …
Persistent link: https://www.econbiz.de/10005518916
(ICT) and productivity in the Canadian economy.The key conclusion of the report is that ICT has been the driving force … behind the acceleration of productivity growth in Canada and the United States since 1996. However, the potential of ICT has … not been fully exploited and we will continue to see significant ICT contributions to productivity growth in coming years …
Persistent link: https://www.econbiz.de/10005518928