Department of Finance Canada highlighted the International Monetary Fund's concluding statement from its 2025 Article IV mission to Canada.
The IMF described Canada's economy as having held up better than expected and said the financial system remained resilient.
The statement also said inflation had been contained, creating space for monetary easing.
Canada's fiscal space was linked to its low debt burden and contained deficits.
The statement also connected Budget 2025 measures to productivity and investment. It referred to the SR&ED program, Major Projects initiatives, the Productivity Super-Deduction, and the Accelerated Investment Incentive.
Those measures were described as reducing marginal effective tax rates on new capital by more than two percentage points and reinforcing Canada as the most tax-competitive G7 country for new business investment.
The IMF also pointed to housing-supply measures, including Build Canada Homes, the Housing Accelerator Fund, expanded CMHC financing, and the Canada Housing Infrastructure Fund.
According to Finance Canada, the IMF expected Canada to maintain the strongest fiscal position in the G7, with the lowest net-debt-to-GDP ratio.
The department also said the IMF's latest World Economic Outlook projected Canada to have the third strongest G7 growth in 2025 and the second strongest in 2026.
Taken together, the assessment connects Canada's fiscal position, tax competitiveness, productivity measures, housing policy, and monetary conditions in one macroeconomic snapshot.