OTTAWA — A new report by the OECD says Canada needs to boost productivity and housing affordability to strengthen growth as it faces trade uncertainty and U.S. tariffs that are taking a bite out of the economic outlook.
The latest OECD Economic Survey of Canada says government spending and interest rate cuts may be required if the economy deteriorates significantly, provided tariff-related inflationary pressures remain under control.
The report says the Canadian economy has been resilient, but per capita GDP growth has been weak, particularly compared with the U.S.
It says structural policy reforms should focus on improving productivity, housing affordability and climate adaptation.
It added that reducing internal
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