Canada: Staff Report for the 2005 Article IV Consultation
International Monetary Fund
No 2005/118, IMF Staff Country Reports from International Monetary Fund
Abstract:
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.
Keywords: ISCR; CR; core inflation; growth projection; staff appraisal; Canadian dollar; premium; percent rate; federal budget; contingency reserve; statistics Canada; Exchange rates; Inflation; Exports; Oil prices; Global; Africa (search for similar items in EconPapers)
Pages: 51
Date: 2005-03-29
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