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

_IMF Staff Country Reports, June 24, 2019_

## Source details

**Canonical URL:** [Canada: 2019 Article IV Consultation - Press Release; and Staff Report](https://www.imf.org/en/publications/cr/issues/2019/06/24/canada-2019-article-iv-consultation-press-release-and-staff-report-47021)

## Other formats

- [Markdown version](/en/publications/cr/issues/2019/06/24/canada-2019-article-iv-consultation-press-release-and-staff-report-47021/index.md)
- [Structured JSON version](/en/publications/cr/issues/2019/06/24/canada-2019-article-iv-consultation-press-release-and-staff-report-47021/index.json)
- [Bundle manifest](/en/publications/cr/issues/2019/06/24/canada-2019-article-iv-consultation-press-release-and-staff-report-47021/bundle-manifest.json)

## Bibliographic details
- Published: June 24, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498321006.002

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### Executive summary and outlook
- Growth has slowed to a more sustainable level and financial vulnerabilities have eased.
- Risks remain:
  - Household debt is high.
  - The United States–Mexico–Canada Agreement (USMCA) awaits legislative approval.
  - Ongoing trade tensions between the United States (U.S.) and its major trading partners are weighing on the global outlook.

### Key findings
- Growth: "Growth has slowed to a more sustainable level."
- Financial vulnerabilities: "Financial vulnerabilities have eased."
- Risks to the outlook:
  - "Household debt is high."
  - "The United States–Mexico–Canada Agreement (USMCA) awaits legislative approval."
  - "Ongoing trade tensions between the United States (U.S.) and its major trading partners are weighing on the global outlook."

### Subject coverage and keywords
- Subject areas: Financial institutions; Financial sector policy and analysis; Housing; Housing prices; Labor; Macroprudential policy; Mortgages; National accounts; Prices; Systemic risk.
- Keywords listed: 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.

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- **1canea2019001**
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_Source: https://www.imf.org/en/publications/cr/issues/2019/06/24/canada-2019-article-iv-consultation-press-release-and-staff-report-47021_