Economic Growth and Inflation by Nick Beenen by Nick Beenen https://padlet.com/nickbeenen/rqh9mjagxw4o Insights into Economics (GNED) - Assignment #2 en-us 2016-12-01 23:15:37 UTC 2025-09-25 03:38:27 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png Economic Growth and Inflation nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/141280122 My topic for Assignment #2
By Nick Beenen
]]> 2016-12-01 23:25:29 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/141280122 Welcome, to my very first Padlet ! nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/141280531 This online "wall" will be based around Economic Growth and Inflation rates, focusing specifically on Canada's national level.]]> 2016-12-01 23:30:58 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/141280531 Post #3 - Video #1 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142445310 http://www.theglobeandmail.com/report-on-business/economy/oecd-maintains-low-growth-view-of-canadas-economy-this-year-and-next/article33066742/

I found this video to be relevant because it discusses future Global Growth, and how certain countries that play a large role will have an effect. This video also discusses possible future outcomes with new president-elect Donald Trump headed to Office, including the reduction of global unemployment rates.

I found the fact that Donald Trump has such an immediate impact on a Global level to be interesting.]]> 2016-12-07 23:45:37 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142445310 Post #4 - Video #2 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142445924 http://www.theglobeandmail.com/report-on-business/economy/bank-of-canada/article32437502/

This video is relevant to the topic because it also discusses Global Growth, but Interest rates as well. This video focuses on certain sectors that contribute to the Canadian Economy, specifically the Housing and Energy Sectors as well as Exports, and how certain laws and regulations will potentially have a negative effect. 

In this video, an interesting fact I found was that the Housing Sector could show a negative effect ("drag") on the Global Economy by the end of 2018.]]> 2016-12-07 23:55:19 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142445924 Post #5 - Video #3 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142447250 http://www.900chml.com/2016/12/06/average-canadian-family-to-spend-420-more-on-food-in-2017-report/

This video focuses on Inflation rates, specifically in the Food Sector. This video shows the breakdown of "Canada’s Food Price Report 2017" and states that the average Canadian family can expect to spend up to $400 more on food next year, along with rising rates in other areas.

An interesting fact: certain grocery stores that rely strictly on income from food products will now face strong competition from "super-centres".]]> 2016-12-08 00:18:54 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142447250 Post #6 - Website #1 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142455739 http://www.bankofcanada.ca/core-functions/monetary-policy/measuring-economic-growth/

I chose this website because of it's relevance to my topic. It comes directly from the Bank of Canada and gives a complete breakdown on the different methods of measuring Economic Growth, and how each method is applied.

An interesting fact I found: the Bank of Canada uses any of the variety of methods depending on the scenario in which it is needed.]]> 2016-12-08 02:12:28 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142455739 Post #7 - Website #2 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142457386 https://data.oecd.org/canada.htm

I found this website relevant because it contains a vast amount of visual information on a range on topics; from GDP, to Unemployment percentage and Debt level. It also shows relevant sectors including Agriculture, Energy, Finance, etc.

Interesting fact: each topic has a corresponding graphic and generalised definition, allowing inexperienced people the ability to understand what they are reading.]]> 2016-12-08 02:36:37 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142457386 Post #8 - Website #3 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142460107 http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/dsbbcan-eng.htm

This website is extremely relevant because it is raw data directly from Stats Canada based on Economic and Financial data. It shows a wide range of information about Canada's Economy, yet split into each sector. The website also contains internal links to other corresponding data. It is also very recent information.

Interesting fact: "External Debt" as of the 1st Quarter of 2016, was at 2,085,857 ($ million CAD) !]]> 2016-12-08 03:20:50 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142460107 Post # 10 - Photo #2 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142462258 This image shows the strong relationship between the Canadian Dollar and Oil Prices]]> 2016-12-08 03:57:21 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142462258 Post #9 - Photo #1 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142462553 This image shows Canada's GDP Growth Rate 
Quarterly. It shows that the growth rate is at the highest it has been in over 2 years.
]]> 2016-12-08 03:59:58 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142462553 Post #11 - Photo #3 nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142462949 This photo shows Canada's annual Inflation Rate, as of July 2016 (down to 1.3% from 1.5% in June 2016..]]> 2016-12-08 04:07:49 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142462949 Post #12 - Reflective Discussion Questions nickbeenen https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142463154 2016-12-08 04:12:23 UTC https://padlet.com/nickbeenen/rqh9mjagxw4o/wish/142463154