You can expect to learn a multitude of subjects that all relate to Economic Growth & Inflation. I posted some videos that briefly overview Canada's economic growth in 2023. This also includes why inflation is occurring, the most recent monetary policy, and an analysis of Canada's recent GDP.

Through the websites and images, you should become familiar with the recent monetary policies and the current inflation and economic growth state.

The reason for choosing this website is to showcase the state of the economy from the government's perspective. The source is directly from the government, so most likely the data that's presented is accurate. Not only this aspect, but the report also sheds light on future projections of the economy. This could be useful to read about, in the context of understanding what policies and approaches the government is going to take in the future.

I chose this report because like we learned in class, CPI is a good indicator of inflation in a country. This resource is useful because it provides a direct breakdown of the consumer price index, month by month. The report is in October, so it is relevant to the current events in the Canadian economy. It outlines how much gasoline affects the CPI, and how service costs are steadily increasing each month.

I chose this link because it highlights the overall state of the economy in Canada. The report does not look specifically at policies or CPI, but rather at what sectors of the economy are having growth. One important thing to take from this link is the relationship between borrowing costs and household spending. Logically, if someone has to pay more on a mortgage or rent, they will have less money to spend in general.

I chose this article because it provides a different perspective on the intricacies of Fiscal Policies and how it can affect inflation negatively. One of the things that stood out to me in this article was the assertion that the government is overspending since the pandemic. Even after the pandemic is over. It also challenges the traditional approach in Canada of showcases some of the long-term effects that these fiscal policies can have.

I chose this video because it highlights some of the faults of the Canadian economy. It mentions how inflation plays a role in people wanting to be successful in Canada. As well as how talented Canadians are moving to the US or elsewhere, due to the lack of competitiveness in Canada. Something I found important in this video, was the statistics on car manufacturing and oil. Unfortunately, manufacturing is slowing down, and oil production is expensive as there are no alternative methods to transform crude oil.

I chose this video because it provides some information on what they are trying to achieve with the monetary policy in the coming years. Something I found surprising during the video, was the fact that they hope to get inflation down to 2% in only over a year. Hopefully, this will happen by 2025. For the reader, it's good knowing what the interest rates are, and what they aim for with the monetary policies.

I think this video is important because it shows the reality of where the economy is currently at. One of the most important things in this video I found was the relation to my Website 4 post. In that post, the writer argued that fiscal policies will negatively affect the economy and cause inflation. As of October, this seems to be true.

I chose to include this video because it explains how the Bank of Canada is trying to control inflation and the economy, by using fiscal policies. It also touches on how hard it is to reduce inflation. One important point in the video he discussed was, that even if you have inflation under control, external factors can still affect it. Things like the Suez Canal blockage or the conflict in Ukraine can negatively impact inflation.