The most critical component of gross investment for increasing the average labour productivity in Canada is

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The most critical component of gross investment for increasing the average labour productivity in Canada is business investment in fixed capital. This includes investments in machinery, equipment, and technology that aid in the production process and increase efficiency, ultimately leading to higher productivity levels. Both residential investment and investment in non-residential structures may have an impact on productivity in certain sectors, but overall, business investment in fixed capital is the most significant factor. Government investment may also have some influence, but it is typically not as large or direct as business investment in fixed capital. Business inventory investment, while important for short-term operations, is not as directly related to long-term productivity growth.

The Most Critical Component of Gross Investment for Increasing the Average