Morneau resigns finance post and seat, plans to run for head of OECD
Exit comes amid WE charity controversy and investigation by the federal ethics watchdog.
Canadian unemployment rate to peak at 11% in Q2: OECD
Jobs should return as lockdowns end, but an unemployment rate of 7.7% by the end of 2021.
Canada’s LTC deaths double the average of other nations: study
81% of all reported COVID-19 deaths compared to an average of 42% among OECD countries.
Virus pummels global economy, jobs even without second wave
Best-case scenario with no second wave of infections, OECD forecasts a global drop in economic output of 6% this year, and a rise of 2.8% next year.
World economy may shrink because of virus: watchdog
OECD reports says impact of coronavirus is much higher than past outbreaks because the global economy is more interconnected.
OECD floats sending tech tax to where revenues are generated
Liberal party proposed to impose a 3% tax on the revenue that tech giants generate in the country.
Allegations Trudeau interfered in SNC-Lavalin case concern OECD
Canada is one of 44 nations that in 1999 signed the legally binding Anti-Bribery Convention.
Canada must review tax policies to remain competitive with the US: OECD
US tax reform has enhanced the attractiveness of investing there at the expense of investing in Canada.
Europe expects to be hit by US tariffs on steel and aluminum
EU has threatened retaliatory tariffs.
OECD says countries need to defend multilateralism despite threats
At a crossroads and needs to be adapted to new economic, financial and policy challenges.
OECD raises outlook for Canadian growth to 2.2% this year
Watchdog says protectionism remains a key risk that would negatively affect confidence, investment and jobs.
Morneau says Canada must do better on gender gaps in pay and participation
OECD rating has Canada at eighth of 29 countries for female workforce participation, 15th for equal pay for equal work.
Canada’s approach to carbon pricing ambitious, challenging: OECD
Suggests Canada will likely feel pressure to eventually nationalize many parts of the carbon price system.
World economy growing faster than in years, but not for long: OECD
Chief Economist urges faster re-training of workers amid drastic technological changes.
Canada not walking the walk on cutting greenhouse gas emissions: OECD leader
Angel Gurria notes a willingness to reduce emissions but falling far short of targets.
OECD raises outlook for Canadian economy this year
Forecast for global economic growth was unchanged at 3.5%.
OECD raises Canada’s economic outlook to 2.4% growth
Growth to be driven by exports, better commodities market and government spending.
OECD maintains low growth view of Canada’s economy
Paris-based think tank says the world economy is trapped in a period of low growth.
OECD cuts forecast for Canadian economic growth
Think-tank trims Canadian growth outlook to 1.2% this year.
Canada’s job market still lags pre-recession level: OECD report
Still about two percentage points below the pre-crisis level (Q4, 2007).
Younger generation looking for better work-life balance
Strategies needed for companies to attract and retain talented workers.
OECD lauds Ottawa’s approach to boosting economy
Canada is taking the right measures to break out of the low-growth trap, organization’s secretary general says.
OECD cuts economic growth forecasts for Canada, others
Urges governments to apply fiscal and structural levers to stimulate growth.
Global economic growth to level out this year: OECD
Economic organization is predicting a modest pickup in growth in 2017 to 3.3%.
Clean tech ‘revolution’ the silver lining in climate change gloom: OECD
Scientists say the global effort to meet climate goals won’t be enough to avert climate disruptions.
Economic growth slows to 1.2%, half of last year’s rate: OECD
Economic think-tank isn’t optimistic about GDP, which won’t get back to 2014 levels for at least two years.
Global trade slowdown points to recession danger
OECD watchdog group blames sluggish trade from emerging markets.
Canada scores high in food safety
… But Conference Board of Canada report awards just a C+ on environmental sustainability.
Top economies crackdown on corporate tax dodging
OECD plan aims to end tax shelters and require companies to pay taxes in the countries where they earn profits.
Manufacturing sales up 1.7% in July
May and June statistics revised higher, signalling resurging economy.
OECD lowers estimate for Canadian growth despite better US outlook
Lower prices for oil, coal and metals are hampering countries that depend heavily on commodity exports, such as Canada.
Immigrants impact Canada’s global literacy scores
But OECD report says their proportion of the population is higher than other nations.