Canada's Morneau on Digital Taxation, Libra, Economy, USMCA

Canada's Morneau on Digital Taxation, Libra, Economy, USMCA

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic relationship between the US and Canada, focusing on interest rate differentials and their impact on currency strength. It highlights Canada's strong fiscal position and investment in the middle class, leading to low unemployment and wage growth. The importance of the USMCA trade agreement is emphasized, along with Canada's approach to balancing resource economy and environmental concerns. The video also covers Canada's trade policy amidst US protectionism and G7 discussions on fiscal capacity. Finally, it addresses Canada's housing market and efforts to manage household indebtedness and affordability.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding the interest rate differential between the US and Canada?

It might cause inflation in Canada.

It may lead to a recession in the US.

It could result in a stronger Canadian dollar.

It could lead to a weaker Canadian dollar.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of Canada's fiscal strategy according to the speaker?

To reduce national debt

To invest in middle-class Canadians

To lower taxes

To increase exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the USMCA agreement important for Canada?

It increases tariffs on Canadian goods.

It eliminates all trade barriers.

It boosts investor confidence.

It reduces trade with Mexico.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach does Canada take towards balancing economic growth and environmental impact?

Relying on international aid

Ignoring environmental concerns

Focusing solely on economic growth

Implementing a carbon pricing policy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Canada address the challenge of a polarized nation between resource-rich and urban areas?

By ignoring urban development

By focusing only on resource extraction

By balancing environmental and economic policies

By increasing taxes on urban areas

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Canada's approach to dealing with trade policy challenges with the US?

Relying on the European Union for support

Being constructive and defending Canadian interests

Focusing on bilateral agreements only

Ignoring US policies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures has Canada taken to manage household indebtedness?

Eliminating mortgage loans

Ensuring prudent debt management

Reducing housing supply

Increasing interest rates