Reading Time: 8 minutesDisponible en français. Gross domestic product (GDP) is the primary indicator of an economy’s health. It measures the market value of all final goods and services produced in a country over a set period. To account for inflation (changes in… Read More ›
gross domestic product
What is Productivity and Why Does it Matter?
Reading Time: 5 minutesDisponible en français. This HillNote is the first in a series of four publications about productivity. The second in the series presents Canada’s productivity performance compared to other advanced economies. The third analyzes the main potential causes of Canada’s relatively… Read More ›
Executive Summary – The Importance of New Ideas in Determining Canada’s Long-Term Productivity Growth
Reading Time: < 1 minuteDisponible en français. Economists view productivity growth as the main long-term determinant of improvements in the average standard of living, as measured by the growth in gross domestic product (GDP) per capita. Researchers and policy makers note that a decline… Read More ›