European Parliament Library

Canada :, 2013 Article IV Consultation

This Informational Annex highlights the Canadian authorities’ free-floating exchange rate regime. The exchange rate regime is free from exchange restrictions and multiple currency practices. The Canadian authorities do not maintain margins with respect to exchange transactions. However, the authorities may intervene to ensure orderly conditions in the exchange market. There are no taxes or subsidies on purchases or sales of foreign exchange. Canada’s exchange system is free of restrictions on the making of payments and transfers for current international transactions. Canada also maintains exchange restrictions for security reasons, based on UN Security Council resolutions reported to the IMF for approval
Table Of Contents
Cover; CONTENTS; BACKGROUND: A CHALLENGING TRANSITION; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Outlook and Policies to Boost Growth Potential; BOXES; 1. Canada's Energy Sector and Outlook; B. Monetary Policy: Substantial Policy Stimulus Remains Appropriate; C. Fiscal Policy: Pursuing Growth-Friendly Fiscal Consolidation; 2. Recent Trends in Canada's Health Care Spending; D. Policies for the Housing Sector: What Role for Government-Backed Mortgage Insurance?; 3. Mortgage Insurance in Canada; E. Financial Sector: Outlook, Risks, and Policies; STAFF APPRAISAL
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (72 p.)
Specific Material Designation
Form Of Item

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