## Canada: Staff Report for the 2005 Article IV Consultation

_IMF Staff Country Reports, March 29, 2005_

## Source details

**Canonical URL:** [Canada: Staff Report for the 2005 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/canada-staff-report-for-the-2005-article-iv-consultation-18168)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/canada-staff-report-for-the-2005-article-iv-consultation-18168/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/canada-staff-report-for-the-2005-article-iv-consultation-18168/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/canada-staff-report-for-the-2005-article-iv-consultation-18168/bundle-manifest.json)

## Bibliographic details
- Published: March 29, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451806991.002

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### Key findings and assessment
- Canada has benefited from a strong institutional framework and continuing structural reforms.
- Inflation targeting and structural reforms have yielded an enviable macroeconomic performance.
- Canada recorded the fastest growth rate and the strongest budget position in the G-7.
- The Bank of Canada appears to have room to maintain a patient and measured approach to withdrawing stimulus.

### Outlook and risks
- The outlook for the economy is broadly favorable.
- External developments are creating uncertainties that could affect the outlook.

### Policy implications and monetary stance
- Given the favorable domestic performance and remaining external uncertainties, a patient and measured withdrawal of stimulus by the Bank of Canada is indicated.

### Subject areas and keywords (as listed)
- Subject: Budget planning and preparation, Exchange rates, Exports, Foreign exchange, Inflation, International trade, Oil prices, Prices, Public debt
- Keywords: Africa, Canadian dollar, contingency reserve, core inflation, CR, Exchange rates, Exports, federal budget, Global, growth projection, Inflation, ISCR, Oil prices, percent rate, premium, staff appraisal, statistics Canada

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## Content in this bundle

- **_cr05118 — Executive Summary**
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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/canada-staff-report-for-the-2005-article-iv-consultation-18168_