Inside the State of the Canadian Economy

Inside the State of the Canadian Economy

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Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Stephen Poloz's outlook for the Canadian economy in 2017, and what challenges does he face?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might a rate hike by the Fed affect the Canadian economy and the Canadian dollar?

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