2 TRANSPORTATION AND THE ECONOMY
PRODUCTIVITY AND PRICE PERFORMANCE OF TRANSPORT
After a period of robust annual productivity growth in the first half
of the 1990s, productivity increases in selected transport industries
(rail, air and trucking) slowed during the second half of the decade
to 1.6 per cent per year. Productivity growth in 2002 was marginal.
Prices 4 charged
by these industries followed productivity trends, falling in real terms
in the first half of the 1990s. From 1996 to 2002, however, the prices
of transport services increased annually by 1.5 per cent, a 0.2 percentage
point more than in the economy. In 2002, transport prices rose by 2.7
per cent.
Due to lower transport prices and a strong trade sector in the first
half of the 1990s, transport activity almost doubled the growth of the
economy in that period. From 1996 to 2002, transport output was outpaced
by the rest of the economy. For more information on the productivity
and price performance of the transportation sector, see tables A2-54
to A2-62 in the Addendum.
4 Prices do not include fees or taxes
added to fares or tariffs and also exclude the prices of personal expenditures
on cars. Back to text
Canadian Economic Performance
International Trade and Trade Flows
Tourism
Employment
Energy Consumption
Productivity and Price Performance of Transport
Importance of Transportation to the Canadian Economy
|
