Labour productivity of Canadian businesses rose 0.2% in Q1 2025, slowing from a upwardly revised 1.2% in Q4 2024. Still, this marks a second consecutive quarterly gain—the first such streak since the COVID-19 pandemic. The increase was driven by goods-producing industries, where productivity rose 0.8% versus 0.3% in the previous quarter. In contrast, service-producing sectors saw a 0.5% decline after a 1.3% rebound in Q4. Productivity increased in half of the 16 main sectors, led by wholesale trade (2.6%), agriculture and forestry (2.0%), and utilities (1.5%), while real estate posted the sharpest drop (-3.9%). Total hours worked rose 0.4%, rebounding from a 0.5% decline, driven by services. Unit labour costs fell 0.3%, the first drop after four straight quarters of increases. source: Statistics Canada
Productivity in Canada increased to 102.23 points in the first quarter of 2025 from 102.06 points in the fourth quarter of 2024. Productivity in Canada averaged 85.27 points from 1981 until 2025, reaching an all time high of 119.00 points in the second quarter of 2020 and a record low of 62.70 points in the third quarter of 1981. This page provides - Canada Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Productivity - data, historical chart, forecasts and calendar of releases - was last updated on July of 2025.
Productivity in Canada increased to 102.23 points in the first quarter of 2025 from 102.06 points in the fourth quarter of 2024. Productivity in Canada is expected to be 102.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Productivity is projected to trend around 102.60 points in 2026 and 102.70 points in 2027, according to our econometric models.