Economy


  • 3-August-2016

    English

    Strengthening competition in network sectors and the internal market in Canada

    Canada’s productivity performance has lagged that of many other OECD countries, despite some improvement in recent years.

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  • 27-July-2016

    English

    Boosting productivity through greater small business dynamism in Canada

    Small business dynamism is a feature of an SME sector that contributes to overall productivity growth, not an end in itself.

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  • 16-June-2016

    English

    Promoting Green and Inclusive Growth in Canada

    Canadians enjoy a high level of well-being. On all eleven components of the OECD’s Better Life Index, Canada performs better than the OECD average. The economy and labour markets stood up better than those of most OECD countries to the ravages of the global financial crisis. Still, there are some areas where the country can do even better. Canada needs to improve its productivity performance, building on the recent increased growth in labour productivity to narrow the gap with top-performing OECD countries in terms of the level of productivity. The productivity gap with the United States is particularly large for small and medium-sized enterprises. Productivity growth could also be more inclusive. People from socially disadvantaged backgrounds and Indigenous communities currently do not participate to the extent that they should in the country’s strong economic performance. Finally, Canada needs to make growth greener, in order to contribute its fair share to the global fight against climate change.

  • 15-June-2016

    English

    The risks in Canada’s unusual housing market(s)

    Local housing markets are presently highly disparate in Canada. While in most smaller localities real estate prices are fairly stable and not out of line with the fundamentals (incomes and rents), 10 of the 15 large Census Metropolitan Areas monitored by the Canada Mortgage and Housing Corporation (CMHC) show signs of overvaluation, and seven show moderate or strong evidence of overbuilding.

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  • 14-June-2016

    English

    Prospering in a Low-growth Era - Conference of Montreal Keynote Address

    Today’s theme – prospering in a low-growth era – suggests that growth rates have declined permanently and that we should focus on how to prosper in such new conditions. There are many problems facing us today not directly related to the pace of economic growth. Indeed, some challenges, like climate change, may actually be eased by slower growth.

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  • 13-June-2016

    English

    Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks

    The Canadian economy is adjusting to the fall in commodity prices, but additional policies are needed to boost productivity, reduce financial stability risks and make future growth stronger, greener and more inclusive, according to a new OECD report.

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  • 13-June-2016

    English

    Economic Survey of Canada 2016

    The Canadian economy is adjusting to the fall in the terms of trade. The main challenges are to reduce financial stability risks, boost productivity growth and make growth greener and more inclusive.

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  • 8-June-2016

    English

    OECD Secretary General Angel Gurría in Canada on 13-14 June - Economic Survey of Canada and Employment and Skills Strategy in Montreal

    The latest OECD Economic Survey of Canada, to be published on Monday 13 June, discusses how the Canadian economy is adjusting to the fall in commodity prices. The Survey assesses future growth and employment prospects as the economy shifts toward non-resource-based activity, including policies for accompanying this transition.

  • 18-February-2016

    English

    Elusive global growth outlook requires urgent policy response

    Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.

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  • 18-March-2015

    English

    Low oil prices and monetary easing triggering modest acceleration of global recovery

    Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.

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