Government of Nova Scotia, Canada

Home > Economics and Statistics > Archived Daily Stats
The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

<--- Return to Archive

For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

June 05, 2024

Labour productivity of Canadian businesses decreased at a seasonally adjusted annualized rate of 1.1% from Q4 2023 to Q1 2024, following a gain of 0.8% in Q4 2023. Hours worked increased 1.7% and output was up 0.6%. 

Total compensation per hour increased at a seasonally adjusted annualized rate of 4.2% in Q1 2024, the twelfth consecutive increase since the first quarter of 2021. Unit labour costs of Canadian businesses increased at a seasonally adjusted annualized rate of 5.3% in Q1 2024.

Statistics Canada.  Table  36-10-0206-01   Indexes of business sector labour productivity, unit labour cost and related variables

<--- Return to Archive