Estimates of multifactor productivity growth in the provinces, 2021
Estimates of multifactor productivity growth in the provinces are now available for 2021.
Note to readers
This release covers the database on provincial multifactor productivity and related variables for business sector industries from 1997 to 2021. Data include multifactor productivity, value added, capital input and labour input in the aggregate business sector and major subsectors.
Multifactor productivity measures at Statistics Canada are derived from a growth accounting framework that allows analysts to isolate the effects of increases in input intensity and skill upgrading on the growth in labour productivity. The residual portion of labour productivity growth that is not attributable to increases in input intensity and skill upgrading is called "growth in multifactor productivity." It measures the efficiency with which inputs are used in production. Growth in this area is often associated with technological change, organizational change or economies of scale.
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