Franklin

Canada [electronic resource] : 2007Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2007.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 07/51.
IMF Staff Country Reports; Country Report No. 07/51
Format/Description:
Government document
Book
1 online resource (34 p.)
Local subjects:
Article IV consultation reports.
Average inflation.
Central bank.
Economic growth.
Economic indicators.
Financial sector.
Gdp deflator.
High inflation.
Inflation.
Inflation target.
Inflation targeting.
Inflation targeting framework.
Lower inflation.
Macroeconomic stability.
Monetary fund.
Monetary policy.
Money market.
National bank.
Price level.
Staff Reports.
Terms of trade.
Canada.
Summary:
This 2007Article IV Consultation highlights that after surging in the first quarter of 2006, real GDP growth in Canada slowed subsequently, in part reflecting a cooling in the United States. Domestic demand remained the main driver of the economy, with private consumption expanding a robust 33⁄4 percent and business investment growing 8 percent. Financial sector performance remained strong in 2006, largely reflecting continuing benign global market conditions. Long-term interest rates remained low despite monetary tightening, as did spreads on private instruments, reflecting default rates that continue to be low.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451807023:
9781451807028
ISSN:
1934-7685
Publisher Number:
10.5089/9781451807028.002
Access Restriction:
Restricted for use by site license.
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