Canada: 2012 Article IV Consultation

February 14, 2013

Preview Citation

Format: Chicago

Canada: 2012 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed November 22, 2024

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 The fiscal policy has continued to be a drag on growth, as the stimulus is being withdrawn.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.

Subject: Financial institutions, Fiscal policy, Fiscal stance, Housing prices, Insurance, Mortgages, Prices, Public debt

Keywords: Canada, CR, Economy, Fiscal stance, Global, Government, Government Finance Statistics Manual, Household leverage, Housing prices, Housing sector, IMF staff estimate, Insurance, ISCR, Market expectation, Stability assessment, X. exchange rate arrangement

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/040
Stock No:

1CANEA2013001
ISBN:

9781616356613
ISSN:

1934-7685

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