What Canada's Retail Sales Rebound Says About the Economy

What Canada's Retail Sales Rebound Says About the Economy

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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FREE Resource

The video discusses the Canadian economy's performance, highlighting a 3.3% GDP growth in Q3. It examines the impact of child and family benefits on consumer spending, noting that many Canadians are saving rather than spending these benefits. The central bank's interest rate decisions and fiscal stimulus are analyzed, with a focus on their effects on the economy. The video also explores the role of e-commerce in the retail sector and the influence of the US economy on Canada, particularly in light of potential changes to corporate tax rates.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between gasoline prices and retail sales in Canada.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have child and family benefits impacted consumer spending in Canada?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the current GDP growth in Canada?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the central bank's target rates in relation to the Canadian economy?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the US economy's health on Canada's retail sector?

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