The Effect of Savings Rate in Canada

·  How were measures of variation used in the study? What conclusions can you draw based on the variation?

Different df values were reported due to some study participants not participating in all areas of the study. This can cause a difference in the overall scores of the study.

The weak economic growth in Asia ad in Europe has helped in benefiting Canada and the US. Asia and Europe had also faced deflationary pressures which were caused by the changes in the rates of interest rates in the economy. The risk of the inflationary pressure in the US led to the increasing concern of the federal reserves. The Canadian bonds have been trading at a considerably lower yield as compared to the US bonds in the market. The situation was supposed to be maintained if the Canadian dollars in the economy appreciated relatively to those of the US dollars in the economy. The outlook for the bonds in the economy looked to be very attractive an aspect which was attributed to the changes in

Assuming the variables used to test linear regression were continuous, had a linear relationship, had no significant outliers, showed homoscedasticity as well as independence of observations, we tested a series of bivariate regressions to explain whether or not there was a statistically significant portion of variability in the dependent variable from variability in the independent

Canada’s economy has to face many issues. One of these being the rate of exchange. The canadian dollar has been going up and down constantly throughout many years. “The first paper money issued in Canada nominated in dollars were British Army notes, issued through 1813, The Bank of Canada was created in 1934 and given responsibility, through an Act of Parliament.” Much has happened to the dollar throughout the years; the economy always varied depending on the dollar worth because it has always played a major role on the economy. Pertaining to the issues of the exchange rate, I will discuss two main ways of it and how it plays a big role on the economy in present times.

In recent years, economists have demoted savings on the economic value chain. Keynesians view savings as detrimental to growth because the act removes money from circulation and decreases spending. Policy makers have made rules that reward spenders and reprimand savers.

In 2008 when the global economy took a turn for the worst Canada managed to come out on top. This is thanks to the export of natural resources and commodities. The Canadian government immediately took charge and start making budget cuts in order to have a full recovery by 2015. (D.R., 2011) Canada has a large threat in its path; its dependence on the outside world.

It is also the highest inflation rate in Canada since November 2004. (QUINN, G., 2016)( Blatchford, A., 2016) This is due to the depreciation in its currency. (Vieira, P., 2016) The price of vegetable and fruit continue to rise while the transportation costs are also one of the major contributors that cause inflation quickly, it rises 2.2% in January 2016 from 0.6% in December 2015. (QUINN, G., 2016)(Blatchford, A., 2016) According to Statistics Canada, six of the eight components of the index increased, except transportation, clothing and footwear. However, the central bank did not cut the interest rate as the currency is decline rapidly and remain it at 0.5%. (QUINN, G., 2016) (Vieira, P., 2016) A steep decline in oil prices have helped drag down the exchange rate and the price of natural gas, fuel oil and telephone services which is lower also help to decrease the inflation. (Blatchford, A., 2016) According to Statistics Canada, the average inflation rate in Canada from 1915 to 2015 is 3.18%.Moreover, Canada reached the highest inflation rate of 21.60% in June 1920 while reached the lowest of -17.80% in June 1921. According to its January Monetary Policy Report, the bank of Canada expects the inflation end at 1.4% in 2016 and end at 1.9% in

The primary difference(s) between the standard deviation and the coefficient of variation as measures of risk are:

On the whole, Canada’s economy is in leading position. Since the World War Ⅱ，the economy of Canada has got a rapid increase. Canada’s population has doubled in the past 40 years from 1940 to 1980, but the GDP went up more than 20 times. In 1997, the GDP of Canada is 227,000,000,000 dollars, and in 2012, the number increase to 1,563,664,000,000 dollars. Now Canada is one of the richest countries in the world.

spread of scores from the mean (Burns & Grove, 2007). The larger the value of the standard deviation for study variables, the greater the dispersion or variability of the scores for the variable in a

Fiscal policies as described by Evie Adomait are any and all budgetary matters that relate

Canada is our neighbor to the North and is the world’s second largest country by total area and the largest North American country. It expands from the United States to the Artic Circle with a predominantly French and English speaking culture and a population of 35,158,304. The capital of Canada is Ottawa. Its name comes from St. Lawrence Iroquoian which means “settlement”. Canada is run with a parliamentary constitutional system of government with a monarchy foundation of executive, legislative and judicial branches. The monarch of Canada is Queen Elizabeth II.

The exchange rate is the currency of a country expressed in terms of another currency, for example, US dollar or other nation’s currency compared to Canadian dollar. Canada has a flexible system when it comes to exchange rate system. Canada targets inflation to maintain the domestic value of the Canadian dollar. The exchange rate for the Canadian dollar against US dollar and other currency can be affected by supply and demand for Canadian dollar in foreign exchange market. Canada competes with many other countries for the share of US market, which is one of their top traders. However, many factors can affect the currency of the Canadian dollar with dominant role of different point in time. These factors include; the world prices for commodities.

| Based on explicit knowledge and this can be easy and fast to capture and analyse.Results can be generalised to larger populationsCan be repeated – therefore good test re-test reliability and validityStatistical analyses and interpretation are