Canada : 2012 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Western Hemisphere Department.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2013/040

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development--Canada.

Economic development.

Canada--Economic conditions.

Canada.

Physical Description:

1 online resource (57 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Language Note:

English

Summary:

After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic expansion remained subpar in the fourth quarter. The fiscal policy has continued to be a drag on growth, as the stimulus is being withdrawn. These have been only partly offset by an improvement in financial conditions in 2012. Growth is expected to gain new momentum over 2013.

Contents:

Cover; CONTENTS; RECENT DEVELOPMENTS; BOXES; 1. Canada's Housing Sector: A Soft Landing Scenario; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Monetary Policy: A Gradual Normalization of Rates; B. Fiscal Policy: Striking the Right Balance Between Rebuilding Fiscal Space and Supporting Growth; C. Financial Stability Issues; D. Canada's External Stability and Competiveness; 2. Progress on Financial Reforms; 3. Policy Framework to Manage Nonrenewable Resources; STAFF APPRAISAL; TABLES; 1. Selected Economic Indicators, 2009-13; 2. Medium-Term Scenario, 2011-18

3. General Government Fiscal Indicators, 2011-20184. Balance of Payments, 2008-18; 5. Indicators of External and Financial Vulnerability; FIGURES; 1. Economic Growth is Slowing; 2. Household Debt Kept Rising; 3. Is Canada's Housing Market Cooling?; 4. The External Position Deteriorated; 5. Fiscal Policy: The Plan to Balance; 6. Financial Conditions Remain Favorable; 7. Monetary Policy Remains Accommodative; ANNEXES; I. Canada's Trade and Financial Linkages and Risks Scenarios; II. Long-Term Fiscal Sustainability; III. Canada: External Stability Assessment; CONTENTS; FUND RELATIONS

STATISTICAL ISSUES

Notes:

"February 2013."

Description based on online resource; title from PDF title page (ebrary, viewed November 25, 2013).

ISBN:

9781475554847

1475554842

9781475536737

1475536739

9781475524574

1475524579