Statistics
Canada reported on Wednesday the labour productivity of Canadian businesses
increased 0.3 percent in the first quarter 2019, after an unrevised 0.4 percent
decline in the fourth quarter of 2018.
Economists had
forecast a 0.3 percent gain.
According to
the report, the slight rebound in productivity primarily reflected the decline
in hours worked (-0.3 percent) following seven consecutive quarterly increases,
while business output remained virtually unchanged.