In 2014, Alberta had the highest productivity in the country. Total value added (GDP) per hour in Alberta’s business sector was 44% higher than the Canadian average. Alberta's manufacturing sector and business services also had the highest productivity of all provinces.
Business services include the following sectors:
- Transportation and warehousing
- Information and culture
- Finance and insurance
- Professional, scientific and technical services
- Administratrive and support serves, waste management and remediation services
- Arts, entertainment and recreation
- Accommodation and food services
For years, Alberta’s productivity growth rate was one of the lowest in the country. However, Alberta’s productivity performance has improved considerably in recent years: between 2009 and 2014 productivity in Alberta’s business sector grew at an average annual rate of 2.3%, the highest of any Canadian province. The growth in labour productivity in the manufacturing sector was also the highest in the country at a rate of 5.7%.
For more information on productivity in Alberta please visit Go Productivity.
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Date Updated: Tue, 17 May 2016 12:38:58