Canada : Selected Issues

1CANET0012004 Image
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Release Date: © March, 2004
ISBN : 978-1-45273-878-9
Stock #: 1CANET0012004

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Description

This paper explores the factors that have led to a Canada-U.S. productivity gap using a sectoral growth accounting approach. Both fiscal and monetary policies have had significant effects on the saving rate. The Canadian dollar’s appreciation was followed by a protracted period of exchange rate weakness. This paper reviews the institutional aspects of Canada’s real return bond program. The Canadian system provides a successful model for pension reform. Free trade has helped promote the integration of U.S. and Canadian economies, but significant differences remain.




More publications in this series: IMF Staff Country Reports