Story perspectives
Canada's Productivity Plummets: Urgent Call for Workforce Innovation
9/4/2025
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Story summary
- Canadian labor productivity decreased by 1.0% in Q2 2025, the largest decline since Q4 2022, due to trade uncertainties.
- Experts call for innovative workforce models linking skills training to job opportunities, especially for non-degree roles.
- The U.S. trails OECD countries in job training investments and apprenticeships, affecting productivity and competitiveness.
- A new R&D-inspired workforce development model is suggested to improve human capital and alleviate labor shortages.
- Implementing continuous improvement practices can enhance productivity by involving all employees in problem-solving.
