Economy forecast to grow up to 4.5%

Article Abstract:

Canada's economy is expected to increase as much as 4.5% in 2000, with rising productivity restricting inflation. A raising of interest rates is possible.

Statistical Data Included, Inflation (Finance), Economic forecasting

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Canada slips again in global ranking: United States, Nordic countries dominate top spots in global competitiveness report

Article Abstract:

Canada's competitive standing in the world economy slipped away as the United States and the Nordic countries of Northern Europe dominated the top spots in the World Economic Forum's Global competitiveness report. A recent report stated that Canada improved slightly to 15th from 16th on the growth competitiveness index, which is based on the quality of public institutions and macroeconomic performance.

United States, Scandinavia, Evaluation, United States economic conditions, Global economy

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Canada's poor productivity linked to weak currency: economists

Article Abstract:

Canada's weak productivity performance in the 1990s can be blamed on the country's weak currency, according to economists Thomas Courchene and Herb Grubel. The economists said that a lower dollar allowed Canadian corporations to avoid restructuring. The declining dollar also encouraged Canadian companies to pursue exports without striving for productivity improvements. The Canadian economy has also failed to shift capital and workers to more productive, high-technology sectors from the resource industry.

Productivity

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