OECD Economic Surveys: Canada

Frequency :
Every 18 months
ISSN :
1999-0081 (online)
ISSN :
1995-302X (print)
DOI :
10.1787/19990081
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OECD’s periodic surveys of the Canadian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.

Also available in: French
 
OECD Economic Surveys: Canada 2004

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Authors:
OECD
Publication Date :
28 Oct 2004
Pages :
178
ISBN :
9789264006928 (PDF) ; 9789264006904 (print)
DOI :
10.1787/eco_surveys-can-2004-en

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This 2004 OECD Economic Survey of Canada finds that economic performance has been solid and macroeconomic policies appropriate, but that product market competition could be strengthened and that policies that discourage people from working should be adjusted.  Recommendations are made around these issues and on pressures on public finances.
Also available in: French

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  • Assessment and Recommmendations
    The Canadian economy has delivered solid performance for nearly a decade with increased resilience to economic shocks, demonstrating the benefits of a welldesigned macroeconomic framework and the pay-off from a range of structural reforms implemented since the late 1980s. A relatively weak outturn in 2003 was mainly...
  • Key Challenges
    Canada’s economic performance has remained robust overall, despite a sluggish rebound in 2003 from the earlier global slowdown. The macroeconomic framework established in the 1990s has worked well and places the country in the enviable position of being able to focus its attention primarily on addressing...
  • Product Market Competition and Macroeconomic Performance
    There is a well identified empirical connection between the intensity of competition in product markets and better productivity performance (OECD, 2002a). In general, economy-wide competitive pressures appear to be relatively strong in Canada, with the exception of restrictions on inward foreign direct
  • Policies for Enhancing Productivity and Labour Utilisation
    As laid out above, a key economic challenge for Canada is to raise living standards, which in turn depend on both labour productivity and labour utilisation. Product market competition (see Chapter 2) provides a major source of pressure for firms to strive for productivity improvements. Labour productivity increases, the ultimate driver of real income growth...
  • Reinforcing the Long-term Sustainability of Public Finances
    Chapter 1 has underlined the fact that demographic forces and rising health care spending could endanger the sustainability of public finances in the long term. In particular, revenue and cost implications of current trends are such that provinces and territories are expected to face severe resource constraints over the foreseeable future on present policy settings. Thus, a key challenge...
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