01736cas a2200241 a 4500 AALejournalIMF009868 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451807059 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Canada : 2008 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (53 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 Canada has enjoyed high growth while adjusting smoothly to commodity price gains, currency appreciation, and, more recently, slowing U.S. demand. Monetary policy has appropriately shifted to guarding against increasing near-term downside risks. A sound fiscal framework policy has produced an enviably strong fiscal position that makes eliminating general government net debt feasible. The budgetary overperformance provides room for tax relief while maintaining small budget surpluses. To foster efficiency, the fiscal room should be used to reduce high marginal effective tax rates on capital, saving, and labor. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/069 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/069/002.2008.issue-069-en.xml IMF e-Library