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Anemic productivity gains targeted for investment by the government

Country falls behind US in terms of output per worker
Prime Minister Mark Carney speaking at an Association of Southeast Asian Nations’ summit in October 2025, less than two weeks before the government released its budget. (Getty Images)
Prime Minister Mark Carney speaking at an Association of Southeast Asian Nations’ summit in October 2025, less than two weeks before the government released its budget. (Getty Images)
CoStar Analytics
March 3, 2026 | 1:05 P.M.

In recent years, Canada’s productivity, or output per worker, has continued to slow, while the U.S. has been accelerating. This suggests that Canadian’s may be at risk of seeing their standard of living deteriorate and fall further behind their neighbours south of the border.

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News | Anemic productivity gains targeted for investment by the government