Canada: Selected Issues Paper

International Monetary Fund

No 2010/378, IMF Staff Country Reports from International Monetary Fund

Abstract: Canada has experienced drastic changes in its economy during the global financial crisis. This Selected Issues paper discusses the evolution of equilibrium real home prices in key Canadian provinces in the post-crisis period, Canadian dollar movement during and after the global financial turmoil in line with other world currencies, assessment of impacts on Canada’s potential growth, development of Canadian automotive sector—namely, NAFTA partners during the crisis, and the role of Canada Mortgage and Housing Corporation (CMHC) in Canada’s housing market.

Keywords: ISCR; CR; price; Canada; Canadian dollar; loan; mortage insurance; CMHC MI; trend TFP; understanding housing price dynamics; loan-to-value loan; securitization program; Housing prices; Mortgages; Total factor productivity; Housing; Commodity prices; North America; Global (search for similar items in EconPapers)
Pages: 52
Date: 2010-12-22
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Citations: View citations in EconPapers (2)

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