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At what stage of the Business Cycle is this Canada presently in? Is there an inflationary...

  1. At what stage of the Business Cycle is this Canada presently in? Is there an inflationary or recessionary gap?
  2. What kind of fiscal and monetary policies is Canada presently following? Expansionary or contractionary?
  3. What kind of exchange rate policy is this country presently following? Fixed exchange rate or flexible exchange rate?
  4. How is this country’s economy going to perform in the coming years? What does the future look like? Will the unemployment rate and inflation rate change? Why or why not?
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