Canada: 2024 Article IV Consultation-Press Release; and Staff Report
Electronic Access:
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Summary:
The Canadian economy appears to have achieved a soft landing: inflation has come down almost to target, while a recession has been avoided, with GDP growth cushioned by surging immigration even as per capita income has shrunk. Housing unaffordability has risen to levels not seen in a generation, with demand boosted by immigration and supply facing continued challenges to expansion.
Series:
Country Report No. 2024/228
Subject:
Artificial intelligence Financial institutions Housing Housing prices Inflation Labor Labor markets Migration Mortgages National accounts Population and demographics Prices Production Productivity Public debt Technology
Frequency:
regular
English
Publication Date:
July 16, 2024
ISBN/ISSN:
9798400279966/1934-7685
Stock No:
1CANEA2024001
Format:
Paper
Pages:
129
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