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 difﬁ culties remain at the provincial level.
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The labour market situation in Canada has gradually improved since the fourth quarter of 2016, and employment rates are projected to remain stable. Employment as a share of those aged 15 to 74 is expected to remain around 66%, slightly below the pre-crisis peak of 66.9% achieved in the fourth quarter of 2007.
Data on government support to agriculture in the OECD area and other major economies, measured by the Producer Support Estimate (PSE) and Consumer Support Estimate.
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A broken social elevator? Key findings for Canada
The preservation of our oceans is indispensable for addressing many of the challenges facing the planet: from food security and climate change to energy provision, and even improved medical care through advanced marine biotechnology.
Mr. Angel Gurría will be in Quebec, on 8-9 June 2018, to attend the 2018 G7 Leaders’ Summit. The Secretary-General will deliver remarks at the G7 Outreach Leaders Working Session on Oceans.
Rapid innovation, including digitalisation, offer enormous potential to boost productivity, incomes and well-being. But it is also a source of new challenges.
Growth is back. We estimate GDP growth in G7 economies in 2017 to be around 2%, the highest since 2010. The unemployment rate is finally below the pre-crisis level at 6%.