Canada: 2012 Article IV Consultation
February 14, 2013
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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 The fiscal policy has continued to be a drag on growth, as the stimulus is being withdrawn.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.
Subject: Financial institutions, Fiscal policy, Fiscal stance, Housing prices, Insurance, Mortgages, Prices, Public debt
Keywords: Canada, CR, economy, Fiscal stance, Global, government, government Finance Statistics Manual, household leverage, Housing prices, housing sector, IMF staff estimate, Insurance, ISCR, market expectation, stability assessment, X. exchange rate arrangement
Pages:
56
Volume:
2013
DOI:
Issue:
040
Series:
Country Report No. 2013/040
Stock No:
1CANEA2013001
ISBN:
9781616356613
ISSN:
1934-7685
