IMF Staff Country Reports

Canada: 2012 Article IV Consultation

Publication Date:

February 14, 2013

Electronic Access:

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Summary:

After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic expansion remained subpar in the fourth quarter. The fiscal policy has continued to be a drag on growth, as the stimulus is being withdrawn. These have been only partly offset by an improvement in financial conditions in 2012. Growth is expected to gain new momentum over 2013.

Series:

Country Report No. 2013/040

Subject:

Financial institutions Fiscal policy Fiscal stance Housing prices Insurance Mortgages Prices Public debt