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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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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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