Increase in Canadian Companies' Output Per Hour in Q3

Canadian companies' output per hour rose by 0.9% in the third quarter, surpassing expectations; however, productivity has remained stable since 2021.

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Increase in Canadian Companies' Output Per Hour in Q3
Increase in Canadian Companies' Output Per Hour in Q3

According to Bloomberg, Canadian companies' output per hour increased in the third quarter, reflecting a near reversal of the productivity decline caused by the trade dispute with the United States. Statistics Canada reported on Wednesday that labor productivity in Canadian companies rose by 0.9% in the third quarter. This increase exceeded expectations of 0.5% based on a Bloomberg survey of economists and represents the largest gain since the end of last year. Despite the quarterly increase surpassing expectations, Canada's productivity has remained nearly stable since the beginning of 2021, with an average annual increase of only 0.6% over the past decade, significantly lagging behind the United States.

Sources & References
Bloomberg
Editorial Note
Edited & Reviewed by the Ecopulse Editorial Board 12/12/2025, 12:00:27 UTC
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