01577cas a2200241 a 4500 AALejournalIMF000664 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451806915 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Canada : Selected Issues. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (90 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper reviews the factors that may explain high and persistent unemployment in Canada, with particular emphasis on the role that a decline in the relative cost of capital may have had on trend unemployment. The analysis suggests that in Canada a declining trend in the cost of capital, associated with technological changes and innovations, has been an important factor in explaining the rise and persistence of unemployment. The paper also analyzes recent trends in personal saving in Canada and macroeconomic effects of the government debt. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1998/055 Full text available on IMF http://elibrary.imf.org/view/journals/002/1998/055/002.1998.issue-055-en.xml IMF e-Library