Canada: 2012 Article IV Consultation

International Monetary Fund

No 2013/040, IMF Staff Country Reports from International Monetary Fund

Abstract: After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic expansion remained subpar in the fourth quarter. The fiscal policy has continued to be a drag on growth, as the stimulus is being withdrawn. These have been only partly offset by an improvement in financial conditions in 2012. Growth is expected to gain new momentum over 2013.

Keywords: ISCR; CR; government; economy; Canada; government Finance Statistics Manual; housing sector; stability assessment; market expectation; IMF staff estimate; household leverage; X. exchange rate arrangement; Housing prices; Insurance; Fiscal stance; Global (search for similar items in EconPapers)
Pages: 56
Date: 2013-02-14
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