Canada: Economic Developments and Policies

June 8, 1995

Preview Citation

Format: Chicago

Canada: Economic Developments and Policies, (USA: International Monetary Fund, 1995) accessed November 25, 2024

Summary

This paper examines economic developments and policies in Canada during 1990–95. Spurred by the robust growth in the United States and the easing of monetary conditions between 1991 and 1993, economic growth in Canada continued to strengthen during 1994. Real GDP grew by 4.5 percent in 1994 after growing by 2.2 percent in 1993 and 0.6 percent in 1992. Economic growth in 1994 was led by exports and investment in machinery and equipment. However, growth was more broadly based in 1994; private consumption strengthened, and there was a rebound in residential and nonresidential construction.

Subject: Employment, Labor, National accounts, Output gap, Personal income, Potential output, Production, Taxes, Total factor productivity, Value-added tax

Keywords: Aggregate participation rate, Canada, Central and Eastern Europe, CR, Deficit, Deficit-reduction initiative, Employment, Europe, GDP ratio, ISCR, North America, Personal income, Population ratio, Potential output, Reform proposal, Sub-Saharan Africa, Total factor productivity, Value-added tax, Western Europe

Publication Details

Pages:

178
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1995/046
Stock No:

1CANEA0011995
ISBN:

9781451806823
ISSN:

1934-7685

Notes

This report on economic developments and policies in Canada was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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