{
  "title": "Canada: 2006 Article IV Consultation—Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion",
  "publication": "IMF Staff Country Reports, June 16, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/canada-2006-article-iv-consultation-staff-report-staff-supplement-and-public-information-19355",
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  "summary": "Canada’s macroeconomic and policy performance has continued to outshine most other industrial countries, and its outlook remains favorable. The new government has pledged to maintain the strong social consensus in favor of fiscal surpluses, while aiming at enhancing incentives.",
  "sections": [
    {
      "heading": "Macroeconomic performance and outlook",
      "content": "- Canada’s macroeconomic and policy performance \"has continued to outshine most other industrial countries.\"\n- The outlook is described as \"favorable.\"\n- The \"favorable domestic and external environment will boost the economy’s long-term growth potential.\""
    },
    {
      "heading": "Fiscal policy and government commitments",
      "content": "- The new government \"has pledged to maintain the strong social consensus in favor of fiscal surpluses, while aiming at enhancing incentives.\"\n- Recommendation: \"The new budget should ensure that a prudent fiscal framework is maintained.\""
    },
    {
      "heading": "Financial system assessment",
      "content": "- The financial system \"appears well placed to support growth.\"\n- Policy note: \"There is still room to furthering its efficiency and resilience.\""
    },
    {
      "heading": "Subjects and keywords (as provided)",
      "content": "- Subjects: Banking, Employment, Labor, Labor force participation, Labor markets, Oil production, Public debt\n- 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\n\n---\n\n Content in this bundle\n\n- cr06230 — Executive Summary and Selected Chapters\n  - cr06230 — Executive Summary and Selected Chapters (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr06230 — Executive Summary and Selected Chapters (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 16, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451807011.002",
    "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.\"",
    "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.\"",
    "The financial system \"appears well placed to support growth.\"",
    "Policy note: \"There is still room to furthering its efficiency and resilience.\"",
    "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",
    "**_cr06230 — Executive Summary and Selected Chapters**"
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