01629cas a2200241 a 4500 AALejournalIMF004271 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451807004 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Canada : Selected Issues. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (24 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 paper documents two aspects of Canada's regional diversity and compares the results with those across U.S. regions. Although gradually converging, Canadian provinces exhibit a considerably diverse economic structure. The paper suggests that the reduction in macroeconomic volatility in Canada after the introduction of inflation targeting is largely attributable to the reaction of the private sector to the establishment of a credible monetary policy framework. Reduction in personal income taxation provides considerably larger efficiency gains than a reduction in the effective Goods and Services Tax (GST). Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/229 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/229/002.2006.issue-229-en.xml IMF e-Library