Protracted economic weakness in Europe could evolve into stagnation with negative implications for the global economy.
Canadian growth lagging behind several G7 countries, including the US, Japan Germany.
OECD study finds some multinationals use strategies allowing them to pay corporate taxes as low as 5%.
But report card notes a failure to close income gap and lower high poverty levels.
50% descrease in workplace gender gap would boost GDP per-capita growth.
Economic development organization projects Canadian growth of only 1.8% in 2013.
Canadian policy-makers optimistic the US is poised for sustained recovery.
Organization says EU urgently needs to boost its bailout fund and calls on its central bank to stem the crisis
Several studies and reports rank Canada’s innovation indicators and the general diagnosis is that we are good at some things but doing only middling or very poorly in many other important areas,
Canada’s Scientific Research and Experimental Development tax incentive program is one of the most generous in the world, yet it’s under-utilized by Canadian manufacturers.
Government revenues have not returned to pre-recession levels and spending has grown to such an extent that a substantial portion of core program funding is debt financed.
Measure will only help Canadian companies if private sector invests heavily to tackle low productivity
Corporate tax cuts will pay off in higher investment and more jobs for Canada, but it will take the better part of a decade for all the benefits to kick in, says a report by a leading tax expert.
Global economic activity will gradually pick up steam over the next two years, but the OECD says in its global Economic Outlook report that recovery will be uneven and unemployment will remain persistently high.