Estimates of potential output growth for Australia, the United States and Canada are presented and analysed in this … growth. In Canada and the United States the SIRGs are closer to 3 per cent, and we explore the reasons why potential growth …

Comparisons of Canada’s economy to that of the United States are done for several purposes. On the one hand, analysts … are interested in whether there is an output gap between the two countries — whether Canada is as well off as the United … countries. On the other hand, analysts ask whether there is a productivity gap — whether Canada is equally efficient in …