Canada: 2006 Article IV Consultation—Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

June 16, 2006

Preview Citation

Format: Chicago

Canada: 2006 Article IV Consultation—Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2006) accessed December 4, 2024

Summary

Canada’s macroeconomic and policy performance has continued to outshine most other industrial countries, and its outlook remains favorable. The new government has pledged to maintain the strong social consensus in favor of fiscal surpluses, while aiming at enhancing incentives. The new budget should ensure that a prudent fiscal framework is maintained. The favorable domestic and external environment will boost the economy’s long-term growth potential. While the financial system appears well placed to support growth, there is still room to furthering its efficiency and resilience.

Subject: Banking, Employment, Labor, Labor force participation, Labor markets, Oil production, Public debt

Keywords: Appreciation, Asset price appreciation, Budget review, Canadian dollar, Core inflation, CR, Debt anchor, Employment, Global, ISCR, Labor force participation, Labor markets, Participation rate, Surplus

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/230
Stock No:

1CANEA2006002
ISBN:

9781451807011
ISSN:

1934-7685

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