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.