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

Business sector: Labour productivity and related variables for Canada – Seasonally adjusted
  First quarter 2024 Second quarter 2024 Third quarter 2024 Fourth quarter 2024 First quarter 2025 Second quarter 2025 Third quarter 2025 Fourth quarter 2025 First quarter 2026
  % 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 0.2 0.5 0.7 0.7 0.2 -0.7 0.9 -0.3 -0.5
Real gross domestic product (GDP) 0.5 0.8 0.8 0.9 0.8 -0.5 0.7 -0.4 -0.1
Hours worked 0.3 0.3 0.2 0.2 0.6 0.2 -0.2 -0.1 0.4
Hourly compensation 1.0 0.7 0.8 1.1 0.1 -0.2 1.3 0.6 0.9
Unit labour cost 0.8 0.2 0.1 0.4 -0.1 0.4 0.5 0.9 1.4
Unit labour cost in US dollars 1.8 -1.2 0.4 -2.1 -2.6 4.1 0.9 -0.3 3.1
  2021 2022 2023 2024 2025 Second quarter 2025 Third quarter 2025 Fourth quarter 2025 First quarter 2026
  % 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 0.9 1.1 0.1 -0.6
Real GDP 6.7 5.5 1.8 1.8 1.9 2.0 1.9 0.6 -0.3
Hours worked 11.6 5.4 3.3 1.1 0.9 1.1 0.7 0.5 0.3
Hourly compensation -1.0 4.7 4.9 3.3 2.2 1.8 2.4 1.8 2.6
Unit labour cost 3.9 4.6 6.4 2.6 1.1 0.8 1.2 1.7 3.2
Unit labour cost in US dollars 11.1 0.8 2.6 1.1 -0.9 -0.3 0.2 2.0 8.0
Source(s):
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