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Future Productivity Growth in Canada and Implications for the Canada Pension Plan

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  • Andrew Sharpe

Abstract

This is organized into three main parts. The first section provides a perspective on future productivity growth in Canada. It discusses key productivity concepts, looks at current productivity trends, examines the forces affecting future productivity growth, and reviews productivity projections in Canada and the United States. The second section discusses the relationship between productivity growth and the real earnings of workers, and examines the implications of different productivity assumptions for CPP financial projections. The third part examines the relationship between productivity growth and other key variables affecting CPP financial projections, namely the real rate of return on investments, price increases, participation rates, retirement rates, migration rate, mortality rate, fertility rate, and disability rates.

Suggested Citation

  • Andrew Sharpe, 2006. "Future Productivity Growth in Canada and Implications for the Canada Pension Plan," CSLS Research Reports 2006-01, Centre for the Study of Living Standards.
  • Handle: RePEc:sls:resrep:0601
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    References listed on IDEAS

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    1. Dean Baker & J. Bradford Delong & Paul R. Krugman, 2005. "Asset Returns and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 36(1), pages 289-330.
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    Cited by:

    1. Andrew Sharpe, 2007. "Three Policies to Improve Productivity Growth in Canada," CSLS Research Reports 2007-05, Centre for the Study of Living Standards.

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