IMF Staff Country Reports

Canada: Selected Issues

April 9, 1999

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Canada: Selected Issues, (USA: International Monetary Fund, 1999) accessed December 10, 2024

Summary

This Selected Issues paper reviews empirical evidence on the main determinants of the real bilateral exchange rate between the Canadian and the U.S. dollars, with particular emphasis on the role played by cyclical and longer-term economic factors. The paper aims to identify the nature of the shocks that have contributed to the recent downward trend in the Canadian dollar. The analysis shows that fluctuations in the real bilateral exchange rate can be explained reasonably well by its long-term fundamentals. The paper also analyzes inflation and the natural rate of unemployment in Canada.

Subject: Corporate income tax, Financial services, Foreign exchange, Marginal effective tax rate, National accounts, Personal income, Personal income tax, Real exchange rates, Taxes

Keywords: Africa, Asia and Pacific, Canada, Canada Phillips-curve regression, Canada's ODA priority, Canada's official development assistance, Central and Eastern Europe, Corporate income tax, CR, ISCR, North America, Objective of Canada's ODA, Personal income, Personal income tax, Personal income tax system, Real exchange rates, Tax rate

Publication Details

  • Pages:

    91

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1999/014

  • Stock No:

    1CANEA0011999

  • ISBN:

    9781451806854

  • ISSN:

    1934-7685