• Labour productivity data of Canadian businesses declines by 0.1% in the fourth quarter

Market news

6 March 2014

Labour productivity data of Canadian businesses declines by 0.1% in the fourth quarter

Statistics Canada released labour productivity data of Canadian businesses on Friday. The labour productivity of Canadian businesses dropped by 0.1% in the fourth quarter, missing expectations for a 0.2% increase, after a 0.2% rise in the third quarter. The third quarter's figure was revised up from a 0.1% gain.

For 2014 as a whole, the labour productivity in Canadian businesses climbed by 2.5%, the largest annual increase since 2005.

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