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 2 September 2026 12:30

Previous
-0.5%
Forecast
-
Actual
-

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

There is no forecast value for Labor Productivity (QoQ) yet - check back for updates.

Most recent - Wednesday 3 June 2026 12:30

Previous
-0.1%
Revised
-0.3%
Forecast
0.7%
Actual
-0.5%

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

Trading range

Forecast history

The most recent announced value for Labor Productivity (QoQ) was -0.5% against a forecast of 0.7%.

Past events

Date
Forecast
Actual
Wednesday 3 June 2026 12:30
0.7%
-0.5%
Wednesday 4 March 2026 13:30
-0.1%
-0.1%
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%

Economic context

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

PreviousLatest
S&P Global Manufacturing PMIBearish change53.553
Gross Domestic Product (MoM)(no change)0.3%0.3%
Gross Domestic Product (QoQ)Bullish change0.1%0.8%
Gross Domestic Product AnnualizedBullish change0.3%3.3%
Current AccountBullish change-8.31B8.84B
Retail Sales (MoM)Bearish change1.1%0.6%
Retail Sales ex Autos (MoM)Bearish change1.2%0.5%

About Labor Productivity (QoQ)

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