IMF Staff Country Reports

Canada: Selected Issues

February 25, 2008

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Canada: Selected Issues, (USA: International Monetary Fund, 2008) accessed November 21, 2024

Summary

The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of Canada’s predictable price level have been analyzed. Innovative small and medium-size enterprises have significantly greater difficulty in obtaining financing, reflecting reluctance by the banks to price risk. Canada has sufficiently flexible labor markets to absorb significant sectoral shocks without creating a high level of frictional unemployment.

Subject: Banking, Financial sector policy and analysis, Inflation, Inflation targeting, Labor, Labor markets, Monetary policy, Mortgages, Prices, Spillovers

Keywords: Business employment dynamics database, Canada, Canada dummy, Central bank, CR, Global, Growth shock, Inflation, Inflation targeting, Interest rate, ISCR, Labor markets, Merchandise export, Productivity performance, Real GDP, Spillovers, U.S. growth, United States result

Publication Details

  • Pages:

    20

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/070

  • Stock No:

    1CANEA2008005

  • ISBN:

    9781451807066

  • ISSN:

    1934-7685