Canada 2016

Special Features: Network sector competition; Small business dynamism.

Detalles Bibliográficos
Autor Corporativo: Organisation for Economic Co-operation and Development, contributor (contributor)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing [2016]
Colección:OECD Economic surveys (Series)
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704703306719
Tabla de Contenidos:
  • Intro
  • Table of contents
  • Basic statistics of Canada, 2015
  • Glossary
  • Executive summary
  • Activity is shifting from energy to non-energy sectors in response to price signals
  • Output is adjusting to lower commodity prices
  • Vulnerabilities related to housing and household debt are still increasing, albeit at a slower pace
  • Household debt and house prices are high
  • Productivity growth has been weak until recently
  • Multifactor productivity has stagnated
  • Assessment and recommendations
  • Figure 1. GDP per capita and labour productivity
  • Figure 2. Measures of well-being
  • Table 1. Selected socio-economic outcome indicators for Canadian Indigenous Peoples, 2011
  • Table 2. A comparison of the recoveries following the 1990-92 and 2007-09 recessions
  • Figure 3. Key challenges for the Canadian economy
  • Recent economic developments and near-term prospects
  • Table 3. Macroeconomic indicators and projections
  • Figure 4. Recent macroeconomic developments
  • Table 4. Possible extreme shocks affecting the Canadian economy
  • Box 1. Assessing potential macro-financial vulnerabilities
  • Box 1. Assessing potential macro-financial vulnerabilities (cont.)
  • Figure 5. Potential macro-financial vulnerabilities
  • Regional adjustments to terms-of-trade declines and policies to facilitate the sectoral shift
  • Figure 6. The rotation from energy to non-energy sectors and regional dynamics
  • Figure 7. Employment protection legislation in Canada is not restrictive
  • Figure 8. Public spending on labour market measures1
  • Box 2. Implementation of selected past Survey recommendations
  • Ensuring price and financial stability
  • Figure 9. Interest rates and household debt
  • Figure 10. House prices
  • Figure 11. Residential investment
  • Table 5. Canadian financial indicators
  • Fiscal policies to raise the incomes of all Canadians.
  • Figure 12. Public finances have improved in recent years
  • Table 6. Fiscal projections
  • Box 3. Canadian infrastructure provision and the efficiency of its use
  • Box 3. Canadian infrastructure provision and the efficiency of its use (cont.)
  • Figure 13. Infrastructure provision and perceived quality
  • Figure 14. GST/VAT and environmental taxes are relatively low in Canada
  • Debt sustainability
  • Figure 15. Government sector net debt over the long term
  • Boosting productivity and living standards
  • The benefits of greater competition in network sectors
  • Figure 16. Regulations and labour productivity in network sectors
  • Figure 17. Electricity prices in 2013
  • Figure 18. Foreign entry restrictions in telecommunications are high in Canada
  • Strengthening the internal market
  • Boosting productivity through greater small business dynamism
  • Figure 19. Small business dynamism has declined but remains in the middle of the range
  • Figure 20. Three-year survival and growth outcomes of micro start-ups1, 2
  • Figure 21. Product market regulation overall is less restrictive than in most other countries
  • Figure 22. Implied tax subsidy rates1 on R&D expenditures
  • Improving environmental policies to promote sustainability and productivity
  • Greenhouse gas emissions
  • Figure 23. Environmental indicators
  • Figure 24. British Columbia's carbon tax has resulted in lower petroleum-based fuel sales1
  • Other environmental issues
  • Figure 25. Contribution of domestic natural capital to GDP growth1
  • Figure 26. Burdens on the economy due to environmental policies
  • Bibliography
  • Annex Progress in structural reform
  • Thematic chapters
  • Chapter 1. Strengthening competition in network sectors and the internal market
  • Introduction
  • Figure 1.1. Labour productivity and regulation
  • Figure 1.2. Export competitiveness.
  • Unleashing competition in network sectors
  • Energy
  • Electricity
  • Figure 1.3. Sectoral regulation in the electricity sector
  • Table 1.1. Provincial electricity generation characteristics
  • Table 1.2. Provincial electricity market characteristics
  • Table 1.2. Provincial electricity market characteristics (cont.)
  • Figure 1.4. Electricity prices
  • Box 1.1. Electricity prices in Ontario and the Global Adjustment
  • Box 1.1. Electricity prices in Ontario and the Global Adjustment (cont.)
  • Figure 1.5. Electricity prices in Ontario
  • Figure 1.6. Residential electricity sales
  • Natural gas
  • Figure 1.7. Regulations in the natural gas sector are low
  • Figure 1.8. Natural gas prices1 are low in Canada, 2014
  • Recommendations to improve competition in the electricity sector
  • Telecommunications and broadcasting
  • Figure 1.9. Telecommunications quality indicators
  • Figure 1.10. Telecommunications prices
  • Figure 1.11. Telecommunications subscriptions
  • Figure 1.12. Foreign entry restrictions in telecommunications are high in Canada
  • Recommendations to improve competition in telecommunications and broadcasting
  • Transportation
  • Figure 1.13. Real average domestic air fares1
  • Figure 1.14. Regulation in the airlines sector
  • Figure 1.15. Ticket taxes and airport charges
  • Table 1.3. Airport taxes and fees
  • Figure 1.16. Railway performance and rates
  • Table 1.4. Regulations to facilitate competition in the Canadian rail sector
  • Figure 1.17. Sectoral regulation in the rail sector
  • Figure 1.18. Grain and non-grain freight rates
  • Recommendations to improve competition in transportation
  • Easing interprovincial barriers to trade and labour mobility
  • The Agreement on Internal Trade (AIT)
  • Box 1.2. Summary of internal trade agreements outside of the AIT
  • Interprovincial labour mobility.
  • Sectoral interprovincial trade barriers
  • Figure 1.19. Dairy producer support and prices
  • Recommendations to reduce interprovincial barriers to trade and labour mobility
  • Regulatory and institutional measures to encourage competition
  • Figure 1.20. Indicators of regulatory policy and governance1
  • Recommendations for institutional measures to enhance competition
  • Bibliography
  • Chapter 2. Boosting productivity through greater Small Business Dynamism
  • Small business dynamism has declined, weakening its contribution to productivity growth
  • Small business dynamism - what it is and why it is important
  • Small business dynamism has declined but remains in the middle of the OECD range
  • Figure 2.1. Small business dynamism has declined but remains in the middle of the range
  • Figure 2.2. Net job variation by surviving entrants over total employment1, 2
  • Figure 2.3. Decomposition of net job creation by surviving entrants relative to total employment1, 2
  • Figure 2.4. Young SMEs' share of total employment, gross job destruction and gross job creation1, 2
  • Figure 2.5. Three-year survival and growth outcomes of micro start-ups1, 2
  • Figure 2.6. Excess job reallocation rates have fallen owing to a fall in job destruction rates1
  • Box 2.1. Job reallocation rates in Canada and the United States
  • Box 2.1. Job reallocation rates in Canada and the United States (cont.)
  • Table 2.1. Job reallocation
  • The general business environment is favourable for the development of small businesses
  • Figure 2.7. Product market regulation overall is less restrictive than in most other countries
  • Figure 2.8. Timeliness of bankruptcy procedures and contract enforcement, 2015
  • Figure 2.9. Employment protection legislation in Canada is not restrictive
  • Figure 2.10. Framework policies and resource flows to patenting firms, 2003-10.
  • Figure 2.11. Venture capital investments are relatively high
  • Focusing SME programmes more on clear market failures
  • Table 2.2. Federal tax and spending programmes that support small business and entrepreneurship1, 20132
  • Financing programmes
  • Table 2.3. Rationales for government intervention to support innovative entrepreneurs
  • Box 2.2. Capital market efficiency in the presence of asymmetric information1
  • Box 2.2. Capital market efficiency in the presence of asymmetric information (cont.)
  • Figure 2.12. Progression of average statutory corporate income tax rates
  • Table 2.4. Labour tax rate, employee SSCs1 and combined statutory rates on dividends under basic and small business taxation, 2014
  • Figure 2.13. Marginal effective tax rates on small business,1 2010
  • Box 2.3. Calculating marginal effective tax rates on small-firm investment
  • Figure 2.14. The SBD does not alter incentives to grow but encourages tax planning
  • Recommendations to enhance the contribution to productivity of small business financing programmes
  • Enhanced R&D tax credits for small companies
  • Figure 2.15. Implied tax subsidy rates1 on R&D expenditures
  • Recommendation to achieve greater value for money from R&D subsidies
  • Non-targeted tax measures supporting entrepreneurship
  • Recommendation to re-orient capital gains taxation to provide greater support to innovative entrepreneurs
  • Increasing women's entrepreneurship
  • Table 2.5. Distribution of SME ownership
  • Figure 2.16. Self-employment differences by gender, 2015
  • Recommendation to support female entrepreneurship
  • Bibliography.