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After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
This paper discusses key findings of the Report on the Observance of Standards and Codes for Canada. Canada has a very …
Persistent link: https://www.econbiz.de/10011244652
This paper discusses Canada’s Financial Sector Assessment Program (FSAP) impact on the insurance sector of a low interest rate environment. It highlights that actuarial standards on valuation of liabilities require that assumed reinvestment rates take increasing account of current market...
Persistent link: https://www.econbiz.de/10011244715
This 2013 Article IV Consultation highlights that the Canadian economy strengthened in 2013 after a subdued performance in 2012, but the underlying growth has remained modest. Despite the depreciating exchange rate, non-energy exports remained well below the levels reached after earlier...
Persistent link: https://www.econbiz.de/10011244749
This report discusses key findings of the Financial Sector Stability Assessment on Canada. Canada’s financial system …
Persistent link: https://www.econbiz.de/10011244761
This report underlies Canada’s Financial Sector Assessment Program (FSAP) in the areas of crisis management and blank resolution. The provincial deposit insurance systems (DIS) and resolution frameworks are highly heterogeneous and the FSAP’s analysis suggests that the preparedness...
Persistent link: https://www.econbiz.de/10011245282
support growth. Structural policies to improve productivity in the economy would increasingly need to complement this policy …
Persistent link: https://www.econbiz.de/10011245635
This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple … accounting framework to decompose trend GDP growth into changes in capital, labor services and total factor productivity, we find …-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential …
Persistent link: https://www.econbiz.de/10008561074
The goal of this paper is to assess the effectiveness of the policy measures taken by Canadian authorities to address the housing boom. We find that the the last three rounds of macroprudential policies implemented since 2010 were associated with lower mortgage credit growth and house price...
Persistent link: https://www.econbiz.de/10011123836
effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …
Persistent link: https://www.econbiz.de/10011242214