Table 1 
Business sector: Labour productivity and related variables for Canada1 – Seasonally adjusted 

Business sector: Labour productivity and related variables for Canada – Seasonally adjusted
  Fourth quarter 2023 First quarter 2024 Second quarter 2024 Third quarter 2024 Fourth quarter 2024 First quarter 2025 Second quarter 2025 Third quarter 2025 Fourth quarter 2025
  % change from the previous quarter% change from the previous quarter% change from the previous quarter% change from the previous quarter% change from the previous quarter% change from the previous quarter% change from the previous quarter% change from the previous quarter% change from the previous quarter
Canada                  
Labour productivity 0.1 0.2 0.5 0.7 0.7 0.1 -0.7 1.1 -0.1
Real gross domestic product (GDP) 0.2 0.5 0.8 0.8 0.9 0.6 -0.5 0.9 -0.2
Hours worked 0.1 0.3 0.3 0.2 0.2 0.5 0.2 -0.2 -0.1
Hourly compensation 0.4 1.0 0.7 0.8 1.1 0.2 -0.2 1.3 0.5
Unit labour cost 0.3 0.8 0.2 0.1 0.4 0.1 0.5 0.3 0.7
Unit labour cost in US dollars -1.2 1.8 -1.2 0.4 -2.1 -2.4 4.2 0.7 -0.6
  2021 2022 2023 2024 2025 First quarter 2025 Second quarter 2025 Third quarter 2025 Fourth quarter 2025
  % change from the previous year% change from the previous year% change from the previous year% change from the previous year% change from the previous year % change from the same quarter of the previous year% change from the same quarter of the previous year% change from the same quarter of the previous year% change from the same quarter of the previous year
Canada                  
Labour productivity -4.6 0.1 -1.4 0.7 1.1 2.0 0.8 1.2 0.3
Real GDP 6.7 5.5 1.8 1.8 1.9 3.1 1.8 1.9 0.7
Hours worked 11.6 5.4 3.3 1.1 0.8 1.1 1.0 0.7 0.4
Hourly compensation -1.0 4.7 4.9 3.3 2.3 2.8 1.9 2.5 1.9
Unit labour cost 3.9 4.6 6.4 2.6 1.2 0.8 1.1 1.3 1.6
Unit labour cost in US dollars 11.1 0.8 2.6 1.1 -0.8 -5.2 -0.0 0.3 1.8
Source(s):
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