OECD economic surveys Canada 2014

OECD's 2014 Economic Survey of Canada examines recent economic developments, policies and prospects. Special chapters cover housing in Canada and the labour market and skills mismatch.

Detalles Bibliográficos
Autor principal: Organisation for Economic Co-operation and Development (author)
Autores Corporativos: Organisation for Economic Co-operation and Development, author (author), Organisation for Economic Co-operation and Development, sponsoring body (sponsoring body)
Formato: Libro electrónico
Idioma:Inglés
Publicado: [Paris, France] : OECD 2014.
Colección:OECD Economic Surveys
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705508906719
Tabla de Contenidos:
  • Special Foreword to the OECD Economic Survey of Canada 2014 ; Table of contents; Basic statistics of Canada, 2012; Executive summary; Main findings; Key recommendations; Assessment and recommendations; The economy is growing solidly; Figure 1. Non-commodity export performance has been undermined by a loss of cost competitiveness ; Figure 2. Real business investment ; Table 1. Productivity growth has been weak ; Figure 3. Canada has enjoyed solid labour-market performance ; Figure 4. Headline inflation has returned to the centre of the target range
  • Figure 5. Monetary policy remains accommodative Table 2. Macroeconomic indicators and projections ; The financial system appears sound, but housing-related risks remain; High house prices and household debt create concerns; Figure 6. Housing units under construction in Toronto ; Figure 7. Mortgage rates and household debt ; Bank asset quality has remained high; Shifting more housing risk to the private sector would strengthen financial stability; Well-being is high, but income inequality has risen; Figure 8. Canadians enjoy high levels of well-being and social progress
  • Housing affordability is a concernFigure 9. Income inequality has increased, and redistribution has declined ; Figure 10. Housing expenditures ; Figure 11. Housing affordability: median house price relative to median household income ; Figure 12. Share of households spending above 30% of pre-tax income on shelter costs ; Recommendations on monetary policy and housing-related financial-stability risks ; Reducing skills shortages; Figure 13. Post-secondary education earnings premiums have been stable ; Figure 14. Earnings premiums for university degrees by field of study
  • Table 3. Regional changes in real earnings and in earnings premiums relative to high-school graduate earnings Figure 15. Vacancy rates have increased most in the skilled trades and in Alberta and Saskatchewan ; Further reforms to reduce skills shortages; Figure 16. Literacy and numeracy scores for 16-24 year-olds, 2012 ; Figure 17. Immigrants' jobs before and after arrival by skill level ; Figure 18. Unemployment and its regional dispersion ; Recommendations to reduce skills shortages ; Improving fiscal sustainability; Table 4. Fiscal consolidation is ongoing
  • Recommendations to improve fiscal sustainability Managing non-renewable resource revenues and economic disparities; The resource boom has increased economic disparities; Figure 19. Provincial fiscal capacities ; The impact of the resource boom on Aboriginal communities has been mixed; Managing revenues from non-renewable resources prudently and equitably; Figure 20. Average government take in oil and gas fiscal regimes ; Recommendations to improve management of non-renewable resources and address regional disparities ; Ensuring growth is environmentally sustainable
  • Greater efforts are needed to address the environmental costs of resource extraction