This paper builds a Bayesian VAR estimation model of growth for Canada, by focusing specifically on the role of … conditions explain one-third of the total variability in Canada's real GDP growth, although changes in U.S. real GDP growth still … responses shows that U.S. real GDP growth and lending standards will increasingly bear on Canada's growth, implying that a …

This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple …-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential …