Oil and gas drives productivity in Newfoundland but is a drag in Alberta

“As a result of this sustained strong pattern of productivity growth over the past ten years, output per hour in Newfoundland and Labrador rose from $24.7 in 1997 to $39.6 in 2007 — the highest in the country and 9.7% above the national average. In sharp contrast to Newfoundland, productivity growth in Alberta, at 1% per year, was the lowest in Canada due to persistent declines (-4.3%) in output per hour in mining and oil and gas extraction caused by the shift from low cost conventional oil extraction to higher cost/capital intensive non-conventional (oil sands) petroleum production.” The Journal of Commerce has published an interested read comparing drivers of productivity growth throughout Canada.

Get our weekly newsletter for in-depth reporting and analysis delivered straight to your inbox. You can unsubscribe from the newsletter at any time. Have a question? Contact us or review our privacy policy for more information.


Sign up for our weekly Indygestion newsletter



Get our newsletter!

The weekly roundup from our editors brings you breaking news, top stories and an inside look at The Indy's work.


Please bookmark our website.

It takes three seconds, but it's important.

In response to the Online News Act, soon Canadians will no longer have access to news on Facebook or Instagram. Google also said it will remove links to Canadian news from Search, News and Discover & will cease operating Google News in Canada.


This will affect you. Don’t let Big Tech suppress the news. Make sure you still get the information you need to stay informed about the biggest issues in our province.

This site uses cookies to provide you with a great user experience. By continuing to use this website, you consent to the use of cookies in accordance with our privacy policy.

Scroll to Top