Canada is taking the right measures to break out of the low-growth trap, organization’s secretary general says.
Urges governments to apply fiscal and structural levers to stimulate growth.
Economic organization is predicting a modest pickup in growth in 2017 to 3.3%.
Scientists say the global effort to meet climate goals won’t be enough to avert climate disruptions.
Economic think-tank isn’t optimistic about GDP, which won’t get back to 2014 levels for at least two years.
OECD watchdog group blames sluggish trade from emerging markets.
… But Conference Board of Canada report awards just a C+ on environmental sustainability.
OECD plan aims to end tax shelters and require companies to pay taxes in the countries where they earn profits.
May and June statistics revised higher, signalling resurging economy.
Lower prices for oil, coal and metals are hampering countries that depend heavily on commodity exports, such as Canada.
But OECD report says their proportion of the population is higher than other nations.
Conference Board report notes weaknesses, but Ontario, Quebec and BC are overall Bs and top 10 performers.
Weaker energy investment, drop in oil prices cuts OECD GDP forecast to 1.5%.
Slashes US, Canada forecasts; calls for businesses to invest.
Canada West study says 40% of employees need to improve basics.