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Canada: 2012 Article IV Consultation
Author:
International Monetary Fund. Western Hemisphere Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2013: Issue 040
Language:
English
Publication Date:
14 Feb 2013
DOI:
https://doi.org/10.5089/9781616356613.002
ISBN:
9781616356613
ISSN:
1934-7685
Pages:
56
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
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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 The fiscal policy has continued to be a drag on growth, as the stimulus is being withdrawn.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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund