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2004 OECD Economic Surveys: Canada 2004

image of OECD Economic Surveys: Canada 2004
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.

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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

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