Translation of "niveau de productivité excessivement élevé " (French → English) :

Foreign direct investment flows are important from the perspectives of physical investments as well as the transfer of new technology and management practices, since foreign-owned businesses tend to have relatively higher productivity levels than domestically owned firms.

1. A national regulatory authority may, in accordance with the provisions of Article 8, impose obligations relating to cost recovery and price controls, including obligations for cost orientation of prices and obligations concerning cost accounting systems, for the provision of specific types of interconnection and/or access, in situations where a market analysis indicates that a lack of effective competition means that the operator concerned may sustain prices at an excessively high level, or may apply a price squeeze, to the detriment of end-users.

1. A national regulatory authority may, in accordance with the provisions of Article 8, impose obligations relating to cost recovery and price controls, including obligations for cost orientation of prices and obligations concerning cost accounting systems, for the provision of specific types of interconnection and/or access, in situations where a market analysis indicates that a lack of effective competition means that the operator concerned might sustain prices at an excessively high level, or apply a price squeeze, to the detriment of end-users.

SITUATION OF EUROPEAN AIR TRANSPORT - COUNCIL CONCLUSIONS "THE COUNCIL OF THE EUROPEAN UNION, In view of the present serious economic and financial situation of a significant part of the air transport industry in Europe, due in particular to the high level of costs in many airlines without a corresponding level in productivity and aggravated, in some cases, by a significant change in market conditions, specifically in respect of demand, lower average yield and overcapacity, RECOGNIZES THAT: A healthy, financially sound and safe civil aviation sector in Europe is an important element for achieving economic and social policy objectives. To ...[+++] maintain, in the existing market situation, a high level of safety, which constitutes a prime concern of air transport policy as a whole, it would be helpful to strengthen, in close co-operation with international organizations, rules with regard to harmonization and, in particular, full implementation of existing air safety rules in the technical and social environment of undertakings. The high costs of air transport undertakings is a problem which lies both within and beyond the direct control of airline management.

As long as it keeps EI premiums unnecessarily and offensively high and reduces benefits significantly without replacing them with any type of vision for the future, I do not think the government will ever engage in creative policy development focused on achieving the full potential of the EI program.

In the long run we would all be better off as Canadians if we had a higher growth rate in productivity, a higher level of productivity, and that bought us a higher currency value.