This briefing addresses the reason that productivity growth matters so much by asking: “What if Canada had matched the U.S. productivity performance over the past two decades?” The answer is startling.
Canada’s Lagging Productivity: What If We Had Matched the U.S. Performance?
Canada’s Lagging Productivity: What If We Had Matched the U.S. Performance?
Canadian Economic Analysis
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Signal49 Research, recognizing Canada’s lagging productivity performance over the past 20-plus years, created the Centre on Productivity to add to the body of knowledge on this important issue. This briefing, Canada’s Lagging Productivity: What If We Had Matched the U.S. Performance? was prepared by the Centre. The briefing addresses the reason that productivity growth matters so much by asking: “What if Canada had matched the U.S. productivity performance over the past two decades?” To answer this question, the Centre on Productivity conducted a model simulation that shows how much richer Canadians would be, how much more profitable corporations would be, and how much more revenue governments would have at their disposal, if Canada’s labour productivity growth had kept pace with that of the United States over 1988–2008. The results are startling.
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