Canada: Selected Issues

Publication Date:

February 25, 2008

Electronic Access:

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Summary:

The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of Canada’s predictable price level have been analyzed. Innovative small and medium-size enterprises have significantly greater difficulty in obtaining financing, reflecting reluctance by the banks to price risk. Canada has sufficiently flexible labor markets to absorb significant sectoral shocks without creating a high level of frictional unemployment.

Series:

Country Report No. 2008/070

Subject:

English

Publication Date:

February 25, 2008

ISBN/ISSN:

9781451807066/1934-7685

Stock No:

1CANEA2008005

Pages:

20

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