Canada Needs to Pay Down Debt, Reduce Internal Trade Barriers: OECD

Canada Needs to Pay Down Debt, Reduce Internal Trade Barriers: OECD
The Canadian flag flies near the Peace Tower on Parliament Hill in Ottawa in this file photo. The Canadian Press/Adrian Wyld
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OTTAWA—Canada has fully recovered from the pandemic with new lows for unemployment and an improving economic outlook, but it is falling behind the United States in investment and productivity and needs a plan for lowering the national debt, according to the Organisation for Economic Co-operation and Development (OECD).
On March 6, the OECD presented its 2023 economic survey of Canada, which provides a thorough analysis of Canada’s economic performance, fiscal and monetary policy, and recommendations to boost economic growth and productivity. The last OECD economic survey of Canada was done two years ago.
Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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