Productivity and Incomes
Atlantic Canada’s capture fishing industry has had a serious productivity problem for a long time.
I wrote a column about that fact a little over a year ago. This month, I will discuss the significance of the problem in determining incomes of people in the industry and the challenges it will present for the industry of the future.
First, I should remind readers that productivity is measured as a ratio:
It is a measure of how much of something we get out compared to what we put ...