Canada : Staff Report for the 2011 Article IV Consultation

Publication Date: December 21, 2011
Electronic Access: Free Full text (PDF file size is 1,753KB).
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Summary: The Canadian monetary and fiscal policies have remained accommodative, reflecting in large measure the effective response to the crisis. Canada is expected to set the appropriate policy mix in the future, at a time of high uncertainty and significant external headwinds. Given the advanced stage of the recovery, a still-large budget deficit, and the need to address long-term fiscal challenges, fiscal policy has moved toward a tightening stance. Resilient household credit has helped sustain private consumption and the construction sector during the crisis.
Series: Country Report No. 11/364
Subject(s): Article IV consultation reports | Banking sector | Domestic debt | Economic indicators | Economic recovery | Financial stability | Fiscal consolidation | Global competitiveness | Housing prices | Staff Reports

Publication Date: December 21, 2011
ISBN/ISSN: 9781463929220/1934-7685 Format: Paper
Stock No: 1CANEA2011001 Pages: 53
US$18.00 (Academic Rate:
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