The impact of government debt on labour productivity in Canada
Author
Faculty Advisor
Date
2025
Keywords
labour productivity, Canada, economic growth
Abstract (summary)
Labour productivity—the level of output produced per unit of labour—plays a crucial role in powering economic growth and improving living standards in a country. This study looks closely at the evolution of Canada’s labour productivity over time, comparing it with those of similar countries such as the United States and other OECD countries. Many commentators and researchers have expressed deep concerns over how improvement of the country’s productivity has slowed and the implications of this for the growth of wages and overall living standards for Canadians. Indeed, the Bank of Canada’s Senior deputy governor, Carolyn Rogers, describes the slowdown in labour productivity as an economic “emergency” for the country (Rogers, 2024).
Publication Information
Ferede, E. (2025). The impact of government debt on labour productivity in Canada. The Fraser Institute. https://www.fraserinstitute.org/studies/impact-government-debt-labour-productivity-canada
DOI
Notes
Item Type
Report
Language
Rights
Attribution-NonCommercial-ShareAlike (CC BY-NC-SA)
