Canada : 2013 Article IV Consultation
Electronic Access:
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Summary:
This 2013 Article IV Consultation highlights that the Canadian economy strengthened in 2013 after a subdued performance in 2012, but the underlying growth has remained modest. Despite the depreciating exchange rate, non-energy exports remained well below the levels reached after earlier recessions. The housing market has cooled, owing in part to macro-prudential measures adopted in the past. Economic growth is expected to accelerate to 2¼ percent in 2014, up from an estimated 1¾ percent in 2013. Canada’s export growth should benefit from the projected pick-up in U.S. growth in 2014, boosting business investment.
Series:
Country Report No. 14/27
Subject:
English
Publication Date:
February 3, 2014
ISBN/ISSN:
9781616355906/1934-7685
Stock No:
1CANEA2014001
Format:
Paper
Pages:
70
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