Inside the State of the Canadian Economy

The transcript discusses the mixed state of the Canadian economy, highlighting vulnerabilities such as uneven growth, low inflation, and a high trade deficit. It examines the expectations for the Bank of Canada's upcoming meeting, where no major policy changes are anticipated. The discussion contrasts Canada's economic situation with the US, where a rate hike is expected. The transcript also explores long-term economic trends, emphasizing the need for a broad-based recovery led by non-energy exports, which has been slow to materialize.

What is the current state of the Canadian economy as described in the video?

• Stable and growing

• Mixed and vulnerable

• Booming with high growth

• Declining rapidly

What is the probability of a rate hike at the upcoming Bank of Canada meeting?

• 0%

• 50%

• 75%

• 100%

What is Steven Poloz's expectation for the Canadian economy in 2017?

• A recovery led by non-energy exports

• A decline in exports

• A recession

• A stable economy with no changes

How long has the slump in Canadian exports lasted?

• 20 years

• 15 years

• 10 years

• 5 years

What could potentially weigh on the Canadian dollar according to the video?

• A decrease in US rates

• A hike in US rates

• An increase in Canadian exports

• A decrease in Canadian imports