Launch of the OECD Economic Survey of Canada 2021
Thursday, March 11, 2021
12:00 p.m. ET
On March 11, please join the Canadian Association of Business Economics (CABE), the Ottawa Economics Association (OEA) and the OECD Washington Center for a presentation of the upcoming OECD Economic Survey of Canada. The findings of the report will be presented by Mr. Álvaro Pereira, Director of Country Studies in the OECD Economics Department, and the event will be moderated by Ottawa Economics Association President Jean-François LaRue.
The Survey of Canada takes a broad look at macroeconomic challenges in Canada as the country begins to recover from the COVID-19 crisis, which has claimed the lives of more than 20,000 Canadians.
The pandemic caused a historic downturn in the Canadian economy, with GDP expected to decline by 5.4% for 2020 as a whole. Meanwhile, like in many countries the unemployment rate remains high, especially among youth. Although diminished restrictions and a recovery in hard-hit sectors will support growth going into 2022, it remains unclear how fast consumer confidence will rebound, and how quickly households may spend the substantial savings many have accumulated during lockdowns.
Against this backdrop, the survey explores what further steps policy makers can take to encourage employment and business recovery, and makes recommendations across a range of wide of policy area with a special focus on wellbeing.
|Álvaro Santos Pereira
Assistant Director, Country Studies Branch, Economics Department
Álvaro Santos Pereira is Director of the Country Studies Branch at the OECD Economics Department, where he oversees the making of Economic Surveys. He provides leadership in the coordination and management of the activities of the Directorate and ensures that it is at the forefront of the international political economy agenda. He identifies challenges and develops ways in which the OECD can promote policies to improve member and partner countries long-term economic performance. Prior to joining the OECD, Mr Pereira was Minister for Economy & Employment in Portugal, where he was in charge of a major programme of economic and labour reforms. Previously, Mr Pereira taught economics in universities in Canada and the UK
|Jean-François LaRue (Moderator)
Ottawa Economics Association
As the Executive Director of the Labour Market Information Directorate of Employment and Social Development Canada (ESDC), Jean-François LaRue brings nearly 30 years of hands-on policy experience in labour market and economic policy development. Mr. LaRue has held a number of responsibilities within and outside the government of Canada including Chief Economist at the Forest Products Association of Canada (FPAC), Chief of Staff to the Deputy Minister of Labour, Director General of Apprenticeship and Regulated Occupations Directorate, and Executive Director of Canada's main labour market job portal (Job Bank) as well as director in the EI policy directorate.
Note to media:
To request an embargoed copy of the Economic Survey of the Canada 2021, members of the media may contact Miguel Gorman, Senior Manager for Public Affairs and Media in Washington: email@example.com, +1 202 822-3865.
Journalists requesting an electronic version in advance of the release time agree to respect the embargo time of 12:00 P.M. Eastern Time on Thursday, March 11, 2021. Once released, a Survey Overview with the main conclusions will be freely accessible at this link, which can be included in media articles: http://www.oecd.org/economy/canada-economic-snapshot/
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Working with over 100 countries, the OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world.