Labor Productivity (QoQ)

The Labor Productivity released by the Statistics Canada studies the average productivity of real GDP per hour worked. The study indicates the health condition of overall labor force in Canada. Normally, a high reading is seen as positive (or bullish) for the CAD, while a low reading is seen negative (or bearish).

Next event - Wednesday 4 March 2026 13:30

Previous
0.9%
Forecast
-0.1%
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Labor Productivity (QoQ) is -0.1%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.

Most recent - Wednesday 3 December 2025 13:30

Previous
-1%
Revised
-
Forecast
0.4%
Actual
0.9%

Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.

Trading range

Forecast history

The most recent announced value for Labor Productivity (QoQ) was 0.9% against a forecast of 0.4%.

Past events

Date
Forecast
Actual
Wednesday 3 December 2025 13:30
0.4%
0.9%
Wednesday 3 September 2025 12:30
0.2%
-1%
Wednesday 4 June 2025 12:30
0.4%
0.2%
Wednesday 5 March 2025 13:30
0.6%
0.6%
Wednesday 4 December 2024 13:30
0.2%
-0.4%
Thursday 5 September 2024 12:30
-
-0.2%
Wednesday 5 June 2024 12:30
0.4%
-0.3%
Wednesday 6 March 2024 13:30
0.2%
0.4%
Wednesday 6 December 2023 13:30
-0.6%
-0.8%
Wednesday 6 September 2023 12:30
-0.1%
-0.6%
Wednesday 7 June 2023 12:30
0%
-0.6%

Economic context

Recent economic data has been moderately bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Labor Productivity (QoQ) result:

PreviousLatest
S&P Global Manufacturing PMIBullish change50.451
Gross Domestic Product (MoM)Bullish change0%0.2%
Gross Domestic Product (QoQ)Bearish change0.6%-0.2%
Gross Domestic Product AnnualizedBearish change2.4%-0.6%
Current AccountBullish change-5.27B-0.7B
Retail Sales (MoM)Bearish change1.2%-0.4%
Retail Sales ex Autos (MoM)Bearish change1.6%0.1%

About Labor Productivity (QoQ)

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Labor Market
Frequency:Quarterly
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