| Internet Exercise #125 >> | ||
>> TITLE Canada’s Economy >> SUMMARY And URL Canada is our largest trading partner. This website provides data on the Canadian economy. Unemployment rates, inflation level, economic growth, and international trade data are all reported on this site. This site also contains information about currency exchange rates, interest rates, and monetary policy. Virtually any data related to the Canadian economy can be found on this website. Take a few minutes and prowl around this site and then try to answer a few questions about Canada’s economy. http://canadianeconomy.gc.ca/english/economy/index.cfm >> questions with answers
>> Summary Sometimes it is useful to compare another country’s economy with our own. Viewing Canada’s economic information should provide some perspective on the U.S. economy. Relative to our neighbor to the north, the U.S. is doing fairly well. Our unemployment rate is lower, our economy is growing at a faster rate, and inflation is about the same. In contrast, Canada’s debt is quite a bit lower than the U.S., but comparisons of this nature are difficult due to the size of the two economies. Compare some other economic data between the two countries as you continue to peruse this website.
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