Is Canada broken? The IMF says no, but we do need to boost our productivity

A new IMF report provides a balanced view of where Canada is at than the mangled exchanges and accusations between our supposedly adult parliamentarians.

Each year, the IMF—under Article IV of the IMF Articles of Agreement—sends a staff team to Canada to collect financial and economic information, talks to officials and others, and makes an assessment of our performance and policies. It latest report on Canada—Staff Report for the 2024 Article IV Consultation—has just been published.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

July 22, 2024

TORONTO—These days, it seems we are inundated with claims that Canada is broken. But what do informed outsiders think? Judging by its latest assessment, the International Monetary Fund finds we are doing not too badly, but could and need to do much better.

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