Canada: 2024 Article IV Consultation-Press Release; and Staff Report

Publication Date:

July 16, 2024

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

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:

Frequency:

regular

English

Publication Date:

July 16, 2024

ISBN/ISSN:

9798400279966/1934-7685

Stock No:

1CANEA2024001

Format:

Paper

Pages:

129

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