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Canada’s lagging productivity crops up again

Briefs | 04/12/2007 11:05 am EDT

A new report from the Centre for the Study of Living Standards says Canada's productivity performance is "dismal" compared to a number of other industrialized nations, including the United States, Australia, Ireland, Britain, Finland and Sweden. Released earlier this week, the report indicates that competition and productivity are closely linked, highlighting the productivity gains experienced by other countries that are more open to international and domestic competition. Canada has plans to embark on a broad review of its competition policies that is likely to include a look at competition restricting policies such as foreign investment and inter-provincial trade barriers.

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