Canada is facing a national productivity emergency. This country’s economic output per worker, which has been stagnant for decades, took a turn for the worse during the pandemic, declining by 0.6 per cent since 2020. 

Since the turn of the 21^st century, Canada has responded to this slow-growing crisis with familiar policies, modest reforms, and prolonged study. The results are now unmistakable: productivity has stalled and peer economies are pulling away, while Canada confronts stagnant wages, declining competitiveness, and growing economic insecurity. As this country works to build a more resilient national economy and diversify its international trading relationships, it must find a way to raise its lagging productivity now.

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