Multifactor productivity in the business sector increased in Manitoba, Saskatchewan and Alberta and declined in all other provinces in 2022. For Canada overall, multifactor productivity rose by 0.6% in 2022.
The largest increase in multifactor productivity in 2022 was observed in Saskatchewan (+6.0%), followed by Manitoba (+4.0%) and Alberta (+2.9%). These increases coincided with the relatively high growth in real gross domestic product (GDP) in those provinces in 2022.
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