Canada: 2024 Article IV Consultation-Press Release; and Staff Report

July 16, 2024

Preview Citation

Format: Chicago

Canada: 2024 Article IV Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2024) accessed September 16, 2024

Summary

The Canadian economy appears to have achieved a soft landing: inflation has come down almost to target, while a recession has been avoided, with GDP growth cushioned by surging immigration even as per capita income has shrunk. Housing unaffordability has risen to levels not seen in a generation, with demand boosted by immigration and supply facing continued challenges to expansion.

Subject: Financial sector policy and analysis, Financial sector stability, Housing, Inflation, Labor, Labor markets, Migration, National accounts, Population and demographics, Prices

Keywords: Consultation cycle, Consultation notice, Emissions-reduction goal, Financial sector stability, Further policy guidance, Global, Housing, Inflation, Investment Canada Act, Labor markets, Migration

Publication Details

Pages:

129
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2024/228
Stock No:

1CANEA2024001
ISBN:

9798400279966
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports