The
Centre for the Study of Living Standards released a rather technical report
(http://www.csls.ca/reports/csls2011-03.pdf) in April of last year. In the summary however, it shows quite clearly that under both NDP and Liberal
governments in the province of British Columbia, we are NOT doing well.
The
key observations of this analysis are:
There
was wide variation in labour productivity growth rates across provinces. Newfoundland
had the highest labour productivity growth rate (4.8 per cent per year),
followed by Manitoba (2.1 per cent), Saskatchewan (2.1 per cent), Nova Scotia
(1.9 per cent), New Brunswick (1.8 percent) and Quebec (1.8 per cent). Alberta (1.0 per cent) had the lowest growth
rate in the country, and British Columbia (1.2 per cent), Prince Edward Island
(1.6 per cent) and Ontario (1.7 per cent) also experienced a lower growth rate
than the national growth rate.
Capital
intensity growth was the main contributor to labour productivity growth
nationally and in six of the ten provinces.
Capital intensity made its largest contribution to labour productivity growth
in Alberta (2.43 per cent per year), followed by Saskatchewan (1.60 per cent
per year), Prince Edward Island (1.42 per cent per year), New Brunswick (1.13
per cent per year) and Manitoba (1.12 per cent per year). The lowest capital intensity growth rate was
attained by Newfoundland (0.39 per cent per year), followed by Quebec (0.54 per
cent), Ontario (0.56 per cent), British Columbia (0.62 per cent) and Nova
Scotia (0.64 per cent).
In
four of the ten provinces, multifactor productivity was the largest contributor
to labour productivity
growth. The highest multifactor
productivity growth rate by far was enjoyed by Newfoundland
(4.14 per cent per year), followed by Nova Scotia (1.12 per cent), Quebec (0.94
per cent), Ontario (0.82 per cent), Manitoba (0.62 per cent), and British
Columbia (0.48 percent). Four provinces
experienced multifactor productivity growth lower than the national average;
Alberta had the lowest growth (down 1.58 per cent per year), followed by Prince
Edward Island (down 0.18 per cent), Saskatchewan (up 0.11 per cent) and New
Brunswick (up 0.37 per cent).
The
absolute contribution of labour quality growth to labour productivity growth was
highest in Saskatchewan (0.37 per cent per year), followed by Prince Edward
Island (0.35 per cent), Manitoba (0.35 per cent) and Ontario (0.32 per
cent). There were six provinces that experienced
labour quality contributions to labour productivity growth below the national average;
British Columbia (0.08 per cent) had the lowest contribution by far, followed
by Nova Scotia (0.15 per cent), Alberta (0.23 per cent), New Brunswick (0.26
per cent), Quebec (0.27 percent) and Newfoundland (0.27 per cent).
An
Analysis of British Columbia’s Productivity (1997-2007) begins at page 135 of
this report.
NOTE:
The Centre for the Study of Living Standards is a non-profit, national, independent organization that seeks to contribute to a better understanding of trends in and determinants of productivity, living standards and economic and socialwell-being through research
The Centre for the Study of Living Standards is a non-profit, national, independent organization that seeks to contribute to a better understanding of trends in and determinants of productivity, living standards and economic and social