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When it comes to debt, what goes up must be paid down.
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By Liam Swiss In January 2017, a High Level Panel report on the OECD's Development Assistance Committee (DAC) recommended three key reforms for the DAC. One of these was that the DAC should evolve to:...
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Toronto and Vancouver house prices pose a risk to the country, think tank argues.
Canada ranks behind Poland, ahead of Chile on mobile subscriptions.
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Long-term joblessness, youth unemployment remain a problem.
Canada will see 300 deaths, $1.6 billion in costs by 2060.
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Canada spends more on education than any other OECD country.
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Yes folks, we’ve become the Luke Skywalker of the world economy.
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Left out of its December release -- announcing the awarding of the $1.75 billion contract -- was any mention of collusion and bid-rigging by Korean-based Samsung C&T; the ongoing investigation by a Spanish magistrate and anti-corruption prosecutors into "allegations of misappropriation of public funds, falsifying documents and money laundering" at Acciona; and liquidity issues at Petrowest.
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It is hard to know exactly how much money is hidden in tax havens or passed through elaborate BEPS schemes, but some estimates range from $21 trillion to $32 trillion U.S. Rather than throwing in the towel, governments could make an earnest effort to tighten their domestic regulations and continue to pursue multilateral initiatives aimed at combating tax evasion.
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Governments should borrow while interest rates are low, OECD says.
Top earners are under-reporting their incomes.
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In its throne speech Friday, Canada’s new Liberal government promised to “work with the provinces and territories to make post-secondary education more affordable.” New research from the OECD suggests...
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With all the acrimony between teachers and provincial governments lately, particularly in Ontario, it may be worth taking a moment to take stock of the big picture, and compare teachers in Canada to o...
Unfortunately, South Korea still has a long way to go in terms of females getting opportunities in leadership positions. The number of female politicians in South Korea is 49 out of 300 members of parliament and South Korea had a 37.4 per cent gender wage gap, which was the largest gap among OECD countries in 2014..
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CALGARY — The latest outlook from the International Energy Agency shows little sign that the oil supply glut hitting prices and Canada's oil producers will let up soon. The November report says global...
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TORONTO — Canada's economic growth this year will slow to 1.2 per cent — about half of what it was last year — before gaining strength in the next two years, says a report released Monday by the Organ...
Since gender equality is one of the most important issues in terms of sustainable and healthy growth, Turkey has launched a new engagement group, Women20 (W20), which will concentrate on enhancing the role and increasing the participation of women in business. In addition to gender equality, ensuring women have access to financial assets will form the backbone of global growth.
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The OECD has lowered its estimate for Canada's economic growth this year to 1.1 per cent -- down 0.4 of a percentage point -- as weakened conditions in recent months affect many countries around the w...
The population in advanced countries is growing at low rates. At the same time, it is also aging. An aging population combined with low population growth rates can have important social and economic policy implications. This may have important effects on economic growth, heath care, pension system and the standard of living in advanced countries.
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OTTAWA - Tom Mulcair is having a little trouble with numbers even as he attempts to reassure the business community that New Democrats would be prudent guardians of the public purse.The NDP leader tol...
PARIS - The world economy risks being bogged down in a low-growth spiral unless measures are taken to spur demand and incite businesses to boost their stubbornly sluggish investments.That's the conclu...
Canada has become a more unequal society under Stephen Harper, says Ed Broadbent, former head of the federal New Democratic Party and now chair of the Broadbent Institute, a progressive think-tank. B...
OTTAWA - Canada ranked in the lower half of the pack in a world survey of foreign aid spending released Wednesday.The annual ranking by the Paris-based Organization for Economic Co-operation and Devel...
PARIS -- The OECD has reduced its 2015 and 2016 economic growth forecasts for Canada, citing the drag caused by a significant drop in prices for oil and other commodities since its previous outlook in...
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How are technological innovations shaping global futures? What could the next industrial revolution look like and who and what might bring it about? Have the eurocrisis and the rise of nationalist sen...
The bottom line? The world has missed its friendly giant over the past five years, but it's not dead; it has just been sleeping. Fortunately for us all, it's not just in a post-hibernation stupor; it has had a good dose of coffee, is hungry, and ready to go. Canadian exporters, get ready to take advantage.
In Canada, mental illness carries a cost to the economy of over $50 billion annually. The number of people missing work due to a mental illness is 500,000 on any given day. When people with mental illness work in supportive environments their quality of life improves.
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The recent merger of Burger King and Tim Hortons shows how tax policies may affect the movement of companies.
Exporters are less upbeat about domestic economic conditions. The balance of opinion for this indicator was the only one to fall, edging back marginally to 13 per cent. Paradoxically, they are more positive about domestic sales, where the balance of opinion rose 9 percentage points to 43 percent of those surveyed.
The OECD has released its first analysis of Canada’s economy in two years, and while it sees economic growth strengthening, the report contains warnings about the housing market, growing inequality an...
Canada should reduce the risk of a housing correction by making mortgage lenders shoulder more risk, the OECD says in a new forecast. The organization says it expects Canada’s economy to pick up steam...