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These focus areas shape our work, partnerships and engagements.
Canada has a productivity problem. Labour productivity growth—the amount of output produced per hour worked—has stalled. The Canadian economy’s labour productivity at the end of 2023 was around the same as it was in 2017. This is the second time that Canada’s productivity growth has been notably weaker than the United States’ in recent decades, with the first occurring between 2003 and 2012.
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