Canada: Staff Report for the 2002 Article IV Consultation

March 12, 2002

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Canada: Staff Report for the 2002 Article IV Consultation, (USA: International Monetary Fund, 2002) accessed September 18, 2024

Summary

This 2002 Article IV Consultation highlights that the Canadian economy has slowed substantially since late 2000. The slowdown in large part has reflected the slowing in the United States economy, which has reduced growth in Canada’s exports and contributed to weakening private investment. In addition, consumption growth has moderated, owing to a slowing in real income growth, a softening in the employment situation, and an associated fall in consumer confidence. The slowing in economic activity in recent quarters has also led to a decline in resource utilization.

Subject: Banking, Budget planning and preparation, Disposable income, Fiscal policy, Fiscal stance, Inflation, National accounts, Prices, Public debt, Public financial management (PFM)

Keywords: Authority, Budget planning and preparation, Business confidence, Canada, Core CPI, Core CPI inflation, CR, Disposable income, Fiscal stance, Global, Governor of the Bank of Canada, Inflation, ISCR, Labor market condition, North America, Report update

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/050
Stock No:

1CANEA0012002
ISBN:

9781451806885
ISSN:

1934-7685

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