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Canada: Staff Report for the 2001 Article IV Consultation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2001: Issue 062
Language:
English
Publication Date:
23 Apr 2001
DOI:
https://doi.org/10.5089/9781451806878.002
ISBN:
9781451806878
ISSN:
1934-7685
Pages:
56
Keywords:
ISCR; CR; monetary policy announcement date; core consumer price inflation; Canada; Canadian dollar; interest rate cut; inflation expectation; monetary policy change; Inflation targeting; Inflation; Stocks; Global; Europe; North America
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The Canadian economy ended the 1990s with a very strong performance, underpinned by the sound macroeconomic policies put in place during the decade. The Bank of Canada raised interest rates markedly in 2000 as estimates of slack in the economy were narrowing rapidly. Executive Directors agreed with the authorities' view that monetary policy should be set to reflect economic conditions in Canada and should aim to allow the economy to seek its productive potential without compromising the official inflation target.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund