Canada's Economy In 1996

Part I of Essay
To investigate the state of the Canadian economy, it is very useful to track Canada's six major economic goals: economic growth, economic stability, economic efficiency, economic equity, viable balance of payments, and low unemployment. At a given time, Canada is achieving ....

Part II of Essay
.... Low inflation is also is also prevalent and is symptomatic of a weak economy. A low inflation rate of 1.4% in November 1996 does not provide much of an indication for economic growth and expansion. A shrinking positive balance of payments indicates these are tough economic times. A fourth indication of a slight recession is the high unemployment rate. An unemployment rate of 10.0% in November 1996 is definitely not a sign of strong economic recovery. Canada is always trying to work towards the goal of economic growth. Economic growth ....