Reviving Productivity Growth in Canada

Canada’s longstanding productivity challenges have become increasingly urgent amid significant structural shifts related to demographic ageing, the net-zero transition, digitalisation and artificial intelligence, and global trade realignment. This Review provides concrete policy recommendations to support broadly shared productivity growth in Canada by taking a labour market perspective with an emphasis on worker-oriented policies in relation to skills, job mobility and structural change. While reviving productivity growth in Canada requires a broad range of policies related to product, housing and financial markets, policies that support the adaptability of workers to structural transformation can contribute to this process and reinforce the effectiveness of growth-enhancing policy initiatives in other domains.