IMF Staff Country Reports

Canada: 2019 Article IV Consultation - Press Release; and Staff Report

June 24, 2019

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Canada: 2019 Article IV Consultation - Press Release; and Staff Report", IMF Staff Country Reports 2019, 175 (2019), accessed 12/4/2025, https://doi.org/10.5089/9781498321006.002

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Summary

Growth has slowed to a more sustainable level and financial vulnerabilities have eased. But risks remain. Household debt is high, the United States–Mexico–Canada Agreement (USMCA) awaits legislative approval, and ongoing trade tensions between the United States (U.S.) and its major trading partners are weighing on the global outlook.

Subject: Financial institutions, Financial sector policy and analysis, Housing, Housing prices, Labor, Macroprudential policy, Mortgages, National accounts, Prices, Systemic risk

Keywords: CR, Global, government, Housing, housing affordability, Housing prices, infrastructure investment, ISCR, liability positions vis-à-vis nonresident, market, monetary policy, Mortgages, real GDP, risks to the outlook, slowing global economy, Systemic risk, trade, trading partner