The cost and availability of funding for many euro area countries remains very sensitive to fiscal sustainability projections, probably exacerbated by the inability of these countries to issue the currency of their debt. Figure 7 Government debt ratios and bond rates  Sources: Haver Analytics, IMF.
Last year, the share of the workforce involved in manufacturing was below 10 per cent in both countries, with the US figure a bit lower than the Canadian. Of course, today’s factories are much more productive than those in 1955. US manufacturing is almost seven times more productive than it was 60 years ago, while Canadian factories are roughly five times more productive.