OECD Economic Surveys: Canada 1999

Table of contents
Assessment and recommendations
I. Recent trends and prospects
	Overview
		Figure 1. Conditions for growth
	Continued but slower economic expansion
		Table 1. Demand and output
		Figure 2. Export volumes
		Figure 3. Contributions to changes in GDP
		Figure 4. Business fixed investment
	Improving labour market conditions
		Table 2. Labour supply and demand
	Subdued inflation
		Table 3. Wages, prices and profits
		Figure 5. Wage indicators
		Figure 6. Inflation indicators
	Broadly stable external deficit
		Table 4. Balance of payments
		Figure 7. The current balance and its major components
	Favourable short-term prospects
		Table 5. Short-term projections
	The medium-term outlook
		Table 6. A medium-term scenario
II. Macroeconomic policies
	Monetary management
		The operational framework
		The conduct of policy
			Figure 8. Monetary conditions
			Figure 9. Interest rate differentials and the yield gap
			Table 7. Money and credit
	The fiscal stance
		General government
			Figure 10. Decomposition of the general government financial balance
		Federal government
			Table 8. Sources of changes in the federal budgetary balance
		Provincial governments
			Table 9. Provincial deficits and debt
		Debt developments
			Figure 11. Government debt
	Assessment and challenges
III. Progress in structural reform
	Table 10. Implementing the OECD Jobs Strategy – an overview of progress
	OECD Jobs Strategy follow-up
		Unemployment and related benefit systems
		Active labour market policies (ALMPs)
		Wage formation
		Labour force skills and competences
		Enhancing product market competition
	Recent reform initiatives
		Financial sector
		International and internal trade
			Table 11. Agreement on Internal Trade: major outstanding obligations
		Taxation
			Table 12. Structure of taxation
			Table 13. Fiscal costs of tax and premium rate reductions
		Public sector
			Box 1. Industry Canada’s performance measurement
	Ongoing issues
		Box 2. Canada’s productivity performance
Notes
Annex I – Measuring productivity
	Table A1. Statistics Canada: business sector coverage
	Table A2. International sectoral data base: industry coverage
	Table A3. Productivity measures for Canada
Annex II – Chronology of economic events
STATISTICAL ANNEX AND STRUCTURAL INDICATORS
	Table A. Selected background statistics
	Table B. Supply and use of resources
	Table C. Industrial production, employment and other business indicators
	Table D. Prices, wages and finance
	Table E. Balance of payments
	Table F. Public sector
	Table G. Financial markets
	Table H. Labour market indicators
	Table I. Production structure and performance indicators
BASIC STATISTICS: INTERNATIONAL COMPARISONS
	BASIC STATISTICS: INTERNATIONAL COMPARISONS
	BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont’d)
	BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont’d)
Boxes
	Box 1. Industry Canada’s performance measurement
	Box 2. Canada’s productivity performance
Tables
	Table 1. Demand and output
	Table 2. Labour supply and demand
	Table 3. Wages, prices and profits
	Table 4. Balance of payments
	Table 5. Short-term projections
	Table 6. A medium-term scenario
	Table 7. Money and credit
	Table 8. Sources of changes in the federal budgetary balance
	Table 9. Provincial deficits and debt
	Table 10. Implementing the OECD Jobs Strategy – an overview of progress
	Table 11. Agreement on Internal Trade: major outstanding obligations
	Table 12. Structure of taxation
	Table 13. Fiscal costs of tax and premium rate reductions
	Annex
		Table A1. Statistics Canada: business sector coverage
		Table A2. International sectoral data base: industry coverage
		Table A3. Productivity measures for Canada
Figures
	Figure 1. Conditions for growth
	Figure 2. Export volumes
	Figure 3. Contributions to changes in GDP
	Figure 4. Business fixed investment
	Figure 5. Wage indicators
	Figure 6. Inflation indicators
	Figure 7. The current balance and its major components
	Figure 8. Monetary conditions
	Figure 9. Interest rate differentials and the yield gap
	Figure 10. Decomposition of the general government financial balance
	Figure 11. Government debt