IMF Staff Country Reports

Canada: Staff Report for the 2005 Article IV Consultation

Publication Date:

March 29, 2005

Electronic Access:

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Summary:

Canada’s 2005 Article IV Consultation highlights that it has benefited from a strong institutional framework and continuing structural reforms. Inflation targeting and structural reforms have yielded an enviable macroeconomic performance, including the fastest growth rate and the strongest budget position in the G-7. The outlook for the economy is broadly favorable, but external developments are creating uncertainties. The Bank of Canada appears to have room to maintain a patient and measured approach to withdrawing stimulus.

Series:

Country Report No. 2005/118

Subject:

Budget planning and preparation Exchange rates Exports Foreign exchange Inflation International trade Oil prices Prices Public debt