Philip’s economic commentary
Providing insights about latest developments in the Canadian economy, well illustrated with colourful charts and tables
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- Jul 22, 2026
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How to read the productivity statistics (opens the original)
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Slow productivity growth in Canada is seen as a major economic challenge these days.1 But what do our statistics tell us about how big this challenge is, about when, where and why this challenge began to emerge? Statistics Canada provides data2 to answer such questions, broken down by industry and by province, and has been doing so for many decades. Its statistical estimates of productivity change have improved over the years and they are frequently cited when
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