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Canada Strong against rest of G7
Economic Growth - Real GDP
The Organization for Economic Co-operation and Development (OECD) expects output growth in Canada to be strong in 2007 and 2008.
Productivity gains, strong business investment, technological innovation, moderate wage increases and a favorable exchange rate are keeping the economy competitive in world markets.
Source: OECD Economic Outlook, June 2007 (7/2007)
| G-7 Countries: 2005 - 2008, GDP at Market Prices (Percentage) |
| Year |
| Canada |
2.9 |
2.7 |
2.5 |
3.0 |
| France |
1.2 |
2.1 |
2.2 |
2.2 |
| Germany |
1.1 |
3.0 |
2.9 |
2.2 |
| Italy |
0.2 |
1.9 |
2.0 |
1.7 |
| Japan |
1.9 |
2.2 |
2.4 |
2.1 |
| U.K. |
1.9 |
2.8 |
2.7 |
2.5 |
| U.S.A. |
3.2 |
3.3 |
2.1 |
2.8 |
| Total OECD |
2.6 |
3.2 |
2.7 |
2.7 |
NOTES:
Figures for 2007 and 2008 are projections.
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