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Canada’s vaccine rollout is bringing the prospect of an end to the COVID-19 crisis and a pick-up in output growth is expected. An ultra-low policy rate and other monetary measures continue to provide substantial support for the economy and fiscal support for households and businesses has been substantial.
Like many other countries, Malaysia was hit hard by the COVID-19 pandemic starting in early 2020. Its past policy prudence has allowed Malaysia to react swiftly and boldly to the public health and economic crisis.
Canada's vaccine rollout is bringing the prospect of an end to the COVID-19 crisis and a pick-up in output growth is expected. An ultra-low policy rate and other monetary measures continue to provide substantial support for the economy and fiscal support for households and businesses has been substantial. However, risks and uncertainties remain large, notably around how quickly restrictions can be reduced as vaccine rollout proceeds, and how rapidly households will unwind precautionary saving. The COVID-19 crisis has also brought to light shortfalls in welfare programmes. Building back with a sustainable economic recovery will involve challenges for Canada's policy on greenhouse-gas reduction and will reinforce the need to tackle some longstanding issues in welfare programmes and in impediments to business productivity. This Survey's in-depth examination of well-being finds that Canada has scope to make greater use of quantitative indicators in policymaking. This could help frame policy agendas and benchmark progress. Healthcare, childcare, affordable housing and support for Indigenous peoples are among the areas with room for improved policies that can lead to improvements in well-being. SPECIAL FEATURE: WELL-BEING
Global price pressures beset Canada’s economy just as unemployment was nearing record lows amid a strong recovery from the pandemic. Policymakers face the challenge of reining in inflation without causing a recession.
The French economy rebounded quickly following the COVID-19 crisis, in particular thanks to the acceleration of the vaccination campaign and strong public support measures. Rapid and effective implementation of the recovery and investment plans would help support stronger and more sustainable growth.
The Spanish economy entered a deep recession in 2020 due to the COVID-19 pandemic. A strong government response has protected jobs and firms. However, the crisis has exacerbated long-standing structural challenges, such as high unemployment, inequalities and regional disparities.
Well-being is high in Canada, and the economy has regained momentum, supported by a rebound in exports and strengthening business investment. Macroeconomic policies are gradually becoming less stimulatory, and budget policies are sustainable in the long term, although difficulties remain ...
This 2001 edition of OECD's periodic survey of Canada's economy examines recent economic developments, policies and prospects and include a special feature on improving public spending outcomes.
This 2016 OECD Economic Survey of the Canada examines recent economic developments, policies and prospects. The special chapters cover: Network sector competition; Small business dynamism.
This 2010 edition of OECD's periodic review of Canada's economy includes chapters covering policies to sustain the recovery, fiscal consolidation strategies, and health care reform.
OECD's 2012 survey of the Canadian economy examines recent economic developments, policies and prospects, and takes a special look at business innovation and tertiary education.
Indonesia experienced its first recession in over two decades in 2020, although large-scale fiscal stimulus and monetary support limited its depth and impact. The approval of an ambitious package of structural reforms, covering labour laws, taxes and ease of doing business, testifies of the authorities’ commitment to attract high-quality investment that will enhance wealth and well-being.
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.
