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Canada's Economy In 1996
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. When taken all into consideration, these
goals give an indication of how well Canada has been doing and the stage of the
business cycle the Canadian economy is in. In 1996-1997, Canada is in slight
recession and is only meeting the goals of economic stability, and viable
balance of payments.
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Word count: 1352 - Page count: 5
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