Canada's productivity performance lags behind the U.S. in virtually every instance, regardless of company size, sector, business type or location, notes the report titled The Future of Productivity: Clear choices for a competitive Canada. Productivity is cited as the amount of value (as measured in contribution to GDP) produced per hour worked. A Canadian worker generates $13 less per hour than a U.S. worker, $2 less than an Australian worker and $29 less than a Norwegian worker.
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Sieg Holle BS MBA
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Thursday, October 11, 2012
productivity gap cdn
It's going to take investment and risk to close Canada's productivity gap with the United States, says a report released Monday by Deloitte Canada.
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