European Parliament Library

Canada :, Staff Report for the 2007 Article IV Consultation

Abstract
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 3¾ 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
Table Of Contents
Contents; Executive Summary; I. Introduction; II. Macroeconomic and Financial Risks; III. Macroeconomic Policies; IV. Structural Agenda; V. Staff Appraisal; Figures; Tables
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (35 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452730400

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