How would you describe the state of the Canadian economy today and what would you say are the key factors impacting the situation? By examining the information from below, explain two notable trends you see in any major productive sector over the past year.  Gross domestic product (GDP) at basic prices, by industry, quarterly average (x 1,000,000)1, 2 Frequency: Quarterly Table: 36-10-0449-01 Release date: 2023-09-29 Geography: Canada

Managerial Economics: A Problem Solving Approach
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How would you describe the state of the Canadian economy today and what would you say are the key factors impacting the situation? By examining the information from below, explain two notable trends you see in any major productive sector over the past year. 

Gross domestic product (GDP) at basic prices, by industry, quarterly average (x 1,000,000)1, 2

Frequency: Quarterly

Table: 36-10-0449-01

Release date: 2023-09-29

Geography: Canada

 

-4.7
Jul 2020
-2.9
0.5
Jan 2021
12.1
Jul 2021
4.3
3.9
3.2
Jan 2022
4.7
3.77
Jul 2022
2.07 2.08
Jan 2023
1.12
Jul 2023
15.00 %
10.00 %
5.00 %
0.00%
-5.00 %
TRADINGECONOMICS.COM | STATISTICS CANADA
Transcribed Image Text:-4.7 Jul 2020 -2.9 0.5 Jan 2021 12.1 Jul 2021 4.3 3.9 3.2 Jan 2022 4.7 3.77 Jul 2022 2.07 2.08 Jan 2023 1.12 Jul 2023 15.00 % 10.00 % 5.00 % 0.00% -5.00 % TRADINGECONOMICS.COM | STATISTICS CANADA
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