Ottawa, December 2, 2005

Archived - Department of Finance Releases IMF Article IV Preliminary Conclusions

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The Department of Finance today released the statement of the International Monetary Fund (IMF) Mission to Canada, which has prepared the preliminary conclusions of its Article IV Consultations with the Government of Canada.

As required under Article IV of its Articles of Agreement, the IMF reviews economic developments and policies of each member country, usually on an annual basis. The IMF's report, known as its Mission statement, is released at the discretion of the country being reviewed. Since 1998, Canada has released this statement in recognition of the importance of the IMF's economic surveillance activities, and as an expression of Canada's commitment to ensuring that these activities are transparent.

A copy of the IMF statement is available on the Department of Finance website. The IMF will release its full report on Canada next year.

For further information, media may contact:

David Gamble
Public Affairs and Operations Division
(613) 996-8080

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