Orrico: Better Days Ahead for Canadian Economy

The video discusses the Canadian economy, highlighting a modest job growth of 2000 jobs, contrasting with the 40,000 jobs in March. It explores challenges and opportunities, noting the attractiveness of the Canadian equity market. The discussion includes the impact of oil prices and the Canadian dollar on economic activity, and anticipates future benefits from government infrastructure spending.

What was the job growth in Canada compared to March?

• 40000 jobs, a sharp increase

• 10000 jobs, a moderate increase

• 5000 jobs, a significant increase

• 2000 jobs, a slight increase

What makes the Canadian equity market more attractive today?

• Stabilized oil prices and a lower Canadian dollar

• Higher oil prices

• Increased government spending

• Rising jobless rate

What is the expected impact of the federal infrastructure spending?

• Delayed impact in 2016-2017

• No impact on the economy

• Immediate economic boost

• Decrease in job growth

Why should the recent job numbers be viewed cautiously?

• One month does not establish a trend

• They are influenced by seasonal factors

• They indicate a long-term trend

• They show a significant economic downturn

What is the overall outlook for the Canadian economy according to the transcript?

• Immediate economic recovery

• Better days ahead

• Stagnation in economic growth

• Continued economic challenges