Canada: Staff Report for the 2000 Article IV Consultation

February 17, 2000

Summary

The Canadian economy bounced back strongly from the effects of the Asian financial crisis and the turmoil in world financial markets last year, reflecting a rebound in commodity prices, continued strong U.S. growth, and strengthening domestic demand, particularly investment spending. Executive Directors commended the authorities for maintaining sound macroeconomic and structural policies over most of the past decade, which had underpinned the strong performance of the Canadian economy, now in its eighth consecutive year of expansion, and welcomed Canada's participation in Financial System Stability Assessments.

Subject: Banking, Employment, Fiscal policy, Fiscal stance, Inflation, Labor, Output gap, Prices, Production, Public debt

Keywords: adult male employment, Canadian dollar, core consumer price inflation, core inflation, CR, Employment, Europe, Fiscal stance, Global, government, Inflation, interest rates in Canada, ISCR, Output gap, staff appraisal

Pages:
47
Volume:
2000
DOI:
https://doi.org/10.5089/9781451806861.002
Issue:
017
Series:
Country Report No. 2000/017
Stock No:
1CANEA0012000
ISBN:
9781451806861
ISSN:
1934-7685

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Notes

Included with the Staff Report is the text of Public Information Notice No. 00/11--IMF Concludes Article IV Consultation with Canada.

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