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Canada: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 116
Language:
English
Publication Date:
29 Mar 2005
DOI:
https://doi.org/10.5089/9781451806984.002
ISBN:
9781451806984
ISSN:
1934-7685
Pages:
121
Keywords:
ISCR; CR; bank; tax rate; bank asset; merger guideline; Phillips curve; soundness indicator; IO method; banking system in Canada; demand shock; bank competition; Budget planning and preparation; Macroeconomic and fiscal forecasts; Personal income tax; Global; Europe; Australia and New Zealand; Caribbean
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This Selected Issues paper for Canada presents comprehensive and broad-based analysis of the role of domestic and external shocks. Canada’s economic history illustrates the important role played by external as well as domestic macroeconomic disturbances. Canada’s economy slowed in 2001 because of the global slowdown, although by less than in many other countries. In 2003, the recovery has been interrupted by a series of shocks that moderated growth. Fluctuations in Canadian real GDP are explained by external and domestic cycles.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund