OECD urges Canada to improve corporate competitiveness: Reuters
Canada’s economic growth is strong and some housing market vulnerabilities have improved, but trade policy is a big risk to the outlook and the government should reform taxes to boost corporate competitiveness, the Organisation for Economic Co-operation and Development said this week. OECD said while GDP growth is projected to remain robust, with exports underpinned by strong global demand, rising rates will sap some consumer strength. The greatest risk in the outlook is trade protectionism, the OECD said, noting that uncertainty around the future of U.S. trade policy may be dampening investment. It also said U.S. corporate tax cuts have hurt Canadian competitiveness.
23 July 2018•2 mins read
