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1 February 2007 Grande conférence du CIRPÉE sur la prospérité et la productivité 11 janvier 2008 Réduire l’écart de prospérité du Québec par Claude Seguin
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2 February 2007 Québec’s Prosperity Gap Caused by Several Factors Significant prosperity gap with peers Demographic advantage becoming a disadvantage Participation improving, but employment lagging Persistent gap in hours worked Growing productivity challenge
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3 February 2007 per capita Source: Statistics Canada; Bureau of Economic Analysis; Institute for Competitiveness & Prosperity analysis Labour Supply and Productivity Both Drive Prosperity Gap with Rest Of Canada $41,700 Canada, ex-Québec GDP per capita Current GDP $400 $1,100 Québec’s $600 $700 Profile Parti- cipation Utilization Profile Elements of GDP per capita C$ (2004) (84.9% of Canada, ex- Québec) Productivity Urbanization Productivity Residual $35,400 $0 Education $900 Prosperity Gap $6,300 or 15.1% of Canada, ex-Québec GDP per capita Mix of clusters Emplo- yment Intensity $2,500 $500 Capital investment $400 $3,900 $2,400 Cluster Effective- ness Cluster content $200 $1,000
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4 February 2007 Widening Prosperity Gap Between Québec and Rest of Canada Source: Institute for Competitiveness & Prosperity based on Statistics Canada; Bureau of Economic Analysis; and OECD
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5 23 February 2006 Source: Statistics Canada; Bureau of Economic Analysis; Institute for Competitiveness & Prosperity analysis Labour Supply and Productivity Both Drive Prosperity Gap with US $49,100 US GDP Per capita $1,500 $300 $700 $1,100 Profile Parti- cipation UtilizationProfile Elements of GDP per capita C$ (2004) Productivity Urbanization Productivity Residual $35,400 $3,500 Capital Investment Education $2,100 Prosperity Gap $13,700 or 27.9% of US GDP per capita Mix of clusters Emplo- yment Intensity $6,100 $800 $900 $5,400 $8,300 Cluster Effective- ness Cluster content Québec’s Current GDP per capita (72.1% of US) $100 $1,800
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6 February 2007 Québec’s GDP Per Capita Trails Other Jurisdictions
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7 February 2007 Hours Worked in Québec Trails Significantly Intensity (weekly hours), United States and Canada breakdown, 1976-2005 30 32 34 36 38 1976198019851990199520002005 Year Average weekly hours worked per worker Canada, ex-Québec Québec Source: Statistics Canada, Labour Force Survey ; BLS, Current Population Survey, micro data; Institute for Competitiveness & Prosperity analysis. Ontario United States
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