Canadian business labor productivity declined 0.1% quarter-on-quarter in Q4 2025, following a 1.1% increase in the prior quarter and matching forecasts. This marked the second quarterly decline in the last nine quarters. Hours worked in the business sector edged down 0.1% in the fourth quarter, after falling 0.2% in the third quarter, a slower pace than the 0.2% contraction in real gross domestic product. Goods-producing businesses drove the overall productivity decline, with manufacturing and construction being the main contributors. As labor productivity edged down, the 0.5% rise in hourly compensation led to a 0.7% increase in unit labor costs for businesses. For the full year of 2025, labor productivity was up 1.1%, supported by strong growth in the third quarter. source: Statistics Canada
Productivity in Canada increased to 104.42 points in the third quarter of 2025 from 103.48 points in the second quarter of 2025. Productivity in Canada averaged 85.58 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 March of 2026.
Productivity in Canada increased to 104.42 points in the third quarter of 2025 from 103.48 points in the second quarter of 2025. Productivity in Canada is expected to be 102.50 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 102.70 points in 2027, according to our econometric models.