Canada: 2010 Article IV Consultation-Staff Supplement; Staff Report; and Public Information Notice on the Executive Board Discussion

December 22, 2010

Preview Citation

Format: Chicago

Canada: 2010 Article IV Consultation-Staff Supplement; Staff Report; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2010) accessed November 23, 2024

Summary

A credible framework for macroeconomic policy, strong policy response, and resilient financial system have enabled Canada to exit the global crisis on a strong footing. Executive Directors encouraged authorities to maintain their prudent and far-sighted policies while strengthening productivity and competitiveness. Directors welcomed its accommodative stance of monetary policy and ambitious fiscal consolidation plans to strengthen its long-term economic potential. They observed that Canada is well positioned to adapt its financial regulatory framework to emerging international initiatives. Further progress toward national securities regulation will be an essential enhancement in this framework.

Subject: Banking, Financial institutions, Financial sector policy and analysis, Financial sector stability, Fiscal policy, Fiscal stance, Housing prices, Mortgages, Prices, Public debt

Keywords: Canadian dollar, Caribbean, Core inflation, CR, Europe, Financial sector stability, Financial system, Fiscal stance, Global, Headline inflation, Housing market, Housing prices, IMF's view, ISCR, Labor market, Mortgages, Report, Statistics Canada, Third-quarter

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/377
Stock No:

1CANEA2010001
ISBN:

9781455213566
ISSN:

1934-7685

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