Why Canada Beats the US in Productivity Growth

What this episode covers

Episode 40 of The Productivity Podcast explores a counterintuitive economic puzzle: why Canada, often seen as America's quieter neighbor, has consistently outpaced the United States in total factor productivity growth over the past two decades. Lucas and Luna break down the data from Statistics Canada and the OECD, focusing on Canada's advantage in skilled-trade investment, lower income inequality, and public R&D spending. They contrast this with the US slowdown after 2005, tied to rising healthcare costs and declining business dynamism. The episode also examines what each country can learn from the other, and whether Canada's model is sustainable. A concrete look at how national policies shape long-run output, beyond the usual GDP headlines. #Productivity #Economics #Canada #UnitedStates #TotalFactorProductivity #StatisticsCanada #OECD #R&D #IncomeInequality #SkilledTrades #BusinessDynamism #EconomicGrowth #Policy #FexingoBusiness #BusinessPodcast #ProductivityPodcast #LongTermGrowth #ComparativeEconomics Keep every episode free: buymeacoffee.com/fexingo

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