Analysis of information sources in references of the Wikipedia article "Comparison of Canadian and American economies" in English language version.
"Since early 2016, the Canadian economy created more than 600,000 jobs, most of them full-time. Canada's unemployment rate is at its lowest level in 40 years. Since 2016, Canada has led the G7 in economic growth. Canada's federal debt-to-GDP (gross domestic product) ratio remains firmly on a downward track and the deficit-to-GDP ratio is projected to reach 0.5 per cent in 2022–23. Canada's total government net debt-to-GDP ratio is the lowest among G7 countries.
{{cite report}}: Unknown parameter |agency= ignored (help)The US International Trade Commission (ITC) has released The Year in Trade 2017 – Operation of the Trade Agreements Program (Pub. No. 4817). The 314 page report is the 69th in a series of annual reports submitted to the US Congress under section 163(c) of the Trade Act of 1974 (19 U.S.C. 2213(c)) and its predecessor legislation. Section 163(c).
In Canada, "2018 representative (i.e., Ontario) corporate tax rate is 26.5% (a 15% federal tax component and an 11.5% provincial tax component)...Lower corporate income tax rates are available to Canadian Controlled Private Corporations (CCPCs) on their first CAD$500,000 (CAD$450,000 for Manitoba and CAD $600,000 for Saskatchewan) of taxable active business income. A 2018 representative (i.e., Ontario) tax rate for a CCPC on its first CAD$500,000 of active business income is 13.5% (a 10.0% federal tax component and a 3.5% provincial tax component). Depending on the province, the 2018 combined active business income tax rate ranges from 10.0% to 18.0%. Please note that the rates are current as of January 16, 2018, and are subject to the upcoming 2018 federal and provincial budget announcements...In the US, "A corporation may deduct its state and local income tax expense when computing its federal taxable income, generally resulting in a net effective rate of approximately 27%. The effective rate may vary significantly depending on the locality in which a corporation conducts business. Also, other special rules may apply to a corporation, resulting in a greater or lesser federal taxable income. This tool does not take into account those other special rules."
Labour productivity is a measure of real gross domestic product per hour worked. Productivity gains occur when the production of goods and services grows faster than the volume of work dedicated to their production...Economic performance, as measured by labour productivity, must be interpreted carefully, as these data reflect changes in other inputs, in particular capital, in addition to the efficiency growth of production processes. As well, growth in labour productivity is often influenced by the degree of diversity in the industrial structure. As a result, labour productivity tends to be more volatile in the smaller provinces.
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