Canada: 2006 Article IV Consultation—Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, June 16, 2006
Source details
- Canonical URL
- Canada: 2006 Article IV Consultation—Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
Other formats
Bibliographic details
- Published: June 16, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451807011.002
Macroeconomic performance and outlook
- Canada’s macroeconomic and policy performance "has continued to outshine most other industrial countries."
- The outlook is described as "favorable."
- The "favorable domestic and external environment will boost the economy’s long-term growth potential."
Fiscal policy and government commitments
- The new government "has pledged to maintain the strong social consensus in favor of fiscal surpluses, while aiming at enhancing incentives."
- Recommendation: "The new budget should ensure that a prudent fiscal framework is maintained."
Financial system assessment
- The financial system "appears well placed to support growth."
- Policy note: "There is still room to furthering its efficiency and resilience."
Subjects and keywords (as provided)
- Subjects: 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
Content in this bundle
- _cr06230 — Executive Summary and Selected Chapters