Key facts
- Canadian business productivity fell for the second straight quarter.
- Rising labor costs outpaced growth at the start of 2026.
- The decline highlights a persistent challenge for the Canadian economy.
Canadian business productivity experienced a decline for the second consecutive quarter at the beginning of 2026. This downturn was characterized by rising labor costs that outpaced the growth within the economy. The situation underscores a persistent challenge that the Canadian business sector has been grappling with, indicating potential headwinds for overall economic performance.