Consistent with this drop, employment in Canada’s manufacturing sector has fallen by more than 20 per cent, representing nearly half a million jobs.
BIS central bankers’ speeches  3  Decomposing the losses Broadly speaking, there are three possible explanations for Canada’s deteriorating export performance: we may be selling the wrong products; we may be selling to the wrong markets; or we may have become less competitive because of changes in our exchange rate, wages and relative productivity.