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Live News EQUITY ARTICLE L impact

Canada labor productivity rises 1% in 2Q, biggest gain in six years

Canadian businesses’ labor productivity increased 1% in the April-to-June period, the largest rise since the same quarter six years ago. The gain reflected higher value added and fewer hours worked.

By Robb M.

StewartOTTAWA--Labor productivity for Canadian businesses improved by the most in six years during the second quarter thanks to a rise in the value added in the sector and a dip in hours worked.Productivity increased 1% in the April-to-June period, the largest rise since the same period…