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.
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A broken social elevator? Key findings for Canada
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Canada had the 27th lowest tax wedge among the 35 OECD member countries in 2017. The country had the 26th lowest position in 2016. The average single worker in Canada faced a tax wedge of 30.9% in 2017 compared with the OECD average of 35.9%.
The 2017 OECD R&D tax incentive country profiles provide detailed information on the design features and cost of tax provisions used by countries to incentivise R&D performance by businesses, reporting on both long-term and recent trends.
Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.