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Canada's Economy In 1996
Beginning of paper
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 some of these goals while
falling behind on some of the others. .... Middle of paper .... 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 is the percentage change of GDP ov ....
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Number of words: 1352 Number of pages: 5 (approx. 250 words per double-spaced page)
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