{"id":141060,"date":"2026-07-23T16:12:15","date_gmt":"2026-07-23T16:12:15","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/141060\/"},"modified":"2026-07-23T16:12:15","modified_gmt":"2026-07-23T16:12:15","slug":"labour-productivity-increases-with-age-in-canada-until-it-doesnt","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/141060\/","title":{"rendered":"Labour productivity increases with age in Canada \u2014 until it doesn&#8217;t"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/5AE529DF53397D2DC13BFDB5E1B981AA04BA878691CE0FE24A201922262F46E3\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Ffinancial_post_articles_610%2F1ebf825d0d8904b61f7e6243a63e505d\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"productivity-0723-ph\" height=\"720\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> The percentage of Canadian companies where the workers&#8217; average age was 55 and above has increased to almost 20 per cent. (Credit: Getty Images)               <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/tag\/productivity\/\" data-ylk=\"slk:Labour%20productivity;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Labour productivity&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Labour productivity<\/a> at Canadian companies increases with age, but only until workers are in their late 40s, according to a new Statistics Canada report.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The rate of decline varies based on the profession, the agency said. For example, productivity peaks for employees in their late 40s in the finance and insurance sector and shows a modest decline thereafter. But productivity in the construction and manufacturing sectors peaks when employees are in their late 30s and declines more sharply after that.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Labour productivity, which is a measure of <a href=\"https:\/\/financialpost.com\/tag\/gdp\/\" data-ylk=\"slk:real%20gross%20domestic%20product%20(GDP);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;real gross domestic product (GDP)&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">real gross domestic product (GDP)<\/a> per hour worked, has been sluggish in Canada in recent years and the workforce is quickly aging.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For example, the proportion of companies with an average worker age of more than 40 rose to 42.3 per cent in 2022 from 26.2 per cent in 2001, according to a Statistics Canada report in June. Similarly, the percentage of those companies where the workers&#8217; average age was 55 and above increased to 18.8 per cent from 9.3 per cent in the same timeframe.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Businesses need to understand the sector that they are in and figure out how they can get the best out of all their workers regardless of age,&#8221; said Anil Arora, a board member at the Centre for International Governance Innovation and former chief statistician of Canada.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;That may be taking advantage of the experience and wisdom of people above 50 and the energy, enthusiasm or tech savviness of those newly joining. We can&#8217;t afford to waste an ounce of talent or energy.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">But older workers don&#8217;t automatically equate to lower productivity, according to a report published by <a href=\"https:\/\/financialpost.com\/tag\/oecd\/\" data-ylk=\"slk:Organization%20for%20Economic%20Co-operation%20and%20Development;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Organization for Economic Co-operation and Development&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Organization for Economic Co-operation and Development<\/a> in 2020 and cited by Statistics Canada, which said an aging workforce can significantly boost GDP per capita with the right steps taken.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">That requires emphasizing aspects such as lifelong learning, healthy working conditions and flexible arrangements to help older workers remain engaged.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Arora said Statistics Canada&#8217;s report isn&#8217;t surprising since demographics is a predictable trend, but the aging population combined with the lack of sufficient investments and a cohesive strategy to boost labour productivity should act as a wakeup call for businesses.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;This isn&#8217;t a surprise, but it is happening now,&#8221; he said. &#8220;We have to tackle this on top of weak investment, slow technology diffusion, insufficient lifelong learning and insufficient investments. This is having a compounding effect.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">\u2022 Email: <a href=\"https:\/\/ca.finance.yahoo.com\/news\/mailto:nkarim@postmedia.com\" data-ylk=\"slk:nkarim%40postmedia.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;nkarim@postmedia.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">nkarim@postmedia.com<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"The percentage of Canadian companies where the workers&#8217; average age was 55 and above has increased to almost&hellip;\n","protected":false},"author":2,"featured_media":141061,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[46524,17,2286,14561,8021,46525,9027,1672],"class_list":["post-141060","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-anil-arora","tag-canada","tag-canadian-companies","tag-chief-statistician-of-canada","tag-labour-productivity","tag-older-workers","tag-productivity","tag-statistics-canada"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/141060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=141060"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/141060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/141061"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=141060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=141060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=141060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}