Tuesday, November 10, 2026
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Canadas Economic Productivity(GDP) Continues Declining Trend

Productivity falls for the fifth consecutive quarter
Labour productivity of Canadian businesses is a key contributor to GDP and it fell by 0.6% in the second quarter, extending the string of declines observed since the second quarter of 2022. The decline observed in the second quarter of 2023 occurred within a quarter marked by a slowdown in business output and growth in hours worked.
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