Canada: Selected Issues
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Summary:
This paper explores the factors that have led to a Canada-U.S. productivity gap using a sectoral growth accounting approach. Both fiscal and monetary policies have had significant effects on the saving rate. The Canadian dollar’s appreciation was followed by a protracted period of exchange rate weakness. This paper reviews the institutional aspects of Canada’s real return bond program. The Canadian system provides a successful model for pension reform. Free trade has helped promote the integration of U.S. and Canadian economies, but significant differences remain.
Series:
Country Report No. 2004/060
Subject:
Inflation Labor Labor productivity Pensions Prices Production Productivity Retirement
English
Publication Date:
March 10, 2004
ISBN/ISSN:
9781451806908/1934-7685
Stock No:
1CANEA0012004
Pages:
85
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