Canadian Essays

Canadian Economy, Labor, and the Global World

The Federal Open Market Committee report indicates a decline in output and employment. Household spending has been increasing gradually though there have been several constraints such as high unemployment rates, tight credit, and slight income growth. The United States is the biggest trading partner to Canada and economic slumps within the American economy affect the Canadian economy negatively as well. Such a decline in output will affect the Canadian economy since a decline in goods that Canada obtains from the…

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