by Boris Cournède, Maria Chiara Cavalleri, Volker Ziemann, OECD Housing, a large and volatile sector, is often at the centre of economic crises, as a trigger or amplifier. The current situation, which is characterised by house prices approaching or exceeding pre-crisis levels in many countries, raises questions as to whether these price levels may be … More Are there ways to protect economies against potential future housing busts?
by Andrew Barker, Canada Desk, OECD Economics Department The current Canadian government has declared itself feminist and has taken a number of steps to improve labour market outcomes for women. This includes increased funding for early learning and child care and improving equality of parental leave by introducing five weeks of leave for the second … More Delivering on the promise of better outcomes for Canadian women
by David Carey, Head of Canada Desk, OECD Economics Department Canada has long taken in more immigrants relative to its population than most other countries. Immigration policy in Canada aims to promote economic development by selecting immigrants with high levels of human capital, to reunite families and to respond to foreign crises and offer protection … More Enhancing labour-market integration of immigrants in Canada
By David Carey, Head of Canada Desk, Country Studies Branch, OECD Economics Department A dynamic small business sector can heighten competition and underpin productivity growth, as discussed in the 2016 OECD Economic Survey of Canada and Carey et al. (2016, forthcoming). Dynamism tends to be reflected in high start-up rates and strong ‘up-or-out’ dynamics. Entry can … More Boosting Canada’s productivity through greater small business dynamism
By Peter Jarrett, Head of Division, Country Studies, OECD Economics Department Local housing markets are presently highly disparate in Canada. While in most smaller localities real estate prices are fairly stable and not out of line with the fundamentals (incomes and rents), 10 of the 15 large Census Metropolitan Areas monitored by the Canada Mortgage and … More The risks in Canada’s unusual housing market(s)