- Analytics
- News and Tools
- Market News
- IMF sees Canada's economy rebounding
IMF sees Canada's economy rebounding
Reuters reports that the International Monetary Fund (IMF) said that Canada's economy is likely to rebound this year as long as COVID-19 is brought under control, but the government should introduce a 'fiscal anchor' to ensure credibility in the management of the public accounts. The IMF forecast economic growth of 4.4% this year after a 5.4% decline in 2020.
"The size and scope of policy support in Canada has been unprecedented" during the pandemic. The recent sharp rise in public debt increases the importance of clearly specifying a medium-term fiscal anchor ... to guard against a potential weakening of credibility in the fiscal framework," the IMF said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
