Canada: 2019 Article IV Consultation - Press Release; and Staff Report
IMF Staff Country Reports, June 24, 2019
Source details
- Canonical URL
- Canada: 2019 Article IV Consultation - Press Release; and Staff Report
Other formats
Bibliographic details
- Published: June 24, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498321006.002
Executive summary and outlook
- Growth has slowed to a more sustainable level and financial vulnerabilities have eased.
- Risks remain:
- Household debt is high.
- The United States–Mexico–Canada Agreement (USMCA) awaits legislative approval.
- Ongoing trade tensions between the United States (U.S.) and its major trading partners are weighing on the global outlook.
Key findings
- Growth: "Growth has slowed to a more sustainable level."
- Financial vulnerabilities: "Financial vulnerabilities have eased."
- Risks to the outlook:
- "Household debt is high."
- "The United States–Mexico–Canada Agreement (USMCA) awaits legislative approval."
- "Ongoing trade tensions between the United States (U.S.) and its major trading partners are weighing on the global outlook."
Subject coverage and keywords
- Subject areas: Financial institutions; Financial sector policy and analysis; Housing; Housing prices; Labor; Macroprudential policy; Mortgages; National accounts; Prices; Systemic risk.
- Keywords listed: CR; Global; government; Housing; housing affordability; Housing prices; infrastructure investment; ISCR; liability positions vis-à-vis nonresident; market; monetary policy; Mortgages; real GDP; risks to the outlook; slowing global economy; Systemic risk; trade; trading partner.
Content in this bundle
- 1canea2019001