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OECD Economic Surveys: Canada 2016

image of OECD Economic Surveys: Canada 2016

This 2016 OECD Economic Survey of the Canada examines recent economic developments, policies and prospects. The special chapters cover: Network sector competition; Small business dynamism.

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Assessment and recommendations

The Canadian economy has grown solidly since the turn of the century. The level and increases in GDP per capita have been similar to rates for the median of the most affluent OECD countries; labour productivity, however, remains lower in Canada (, Panels A and B). Canada also recovered more strongly from the global financial crisis than most other OECD countries, helped by the impressive rise in commodity prices that was sustained until mid-2014, a comparatively strong recovery in the United States, Canada’s main trading partner, a prudent banking system and supportive fiscal and monetary policies.

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