The impact of the oil boom on Canada's labour productivity performance, 2000-2012 /

To accomplish this, the report describes the oil boom and the evolution of output, employment and productivity in oil and gas extraction in Canada and the two major oil- 1 Andrew Sharpe is Executive Director of the Centre for the Study of Living Standards (CSLS). [...] Such spillover impacts include: the effect of the oil boom on the dynamism of the economy, especially the manufacturing sector; the effect of the oil boom on the labour market, through scarcity of workers and higher wages; and the effect of the oil boom on incentives for young people to invest in higher education. [...] The third section sketches developments in the oil and gas sector, presents data on output, labour input and labour productivity in oil and gas extraction in Canada, Alberta, and Newfoundland and Labrador, places the industry in the context of the business sector of these jurisdictions and reports on growth accounting analysis of productivity change. [...] The Oil Boom and Productivity in Oil and Gas Extraction in Canada, Alberta, and Newfoundland and Labrador This section of the report describes developments in the oil and gas extraction sector during 2000-2012 in Canada and in two key oil-producing provinces: Alberta and Newfoundland and Labrador. [...] The gradual decline in the ratio of net to gross output volume may be related to the changing shares of oil and gas in output and to changes in the sources of oil (conventional land-based and off-shore and non-conventional) as discussed in the next section of this report.