Current Event Memo Assignment: Canada's Economic Outlook
You are the assistant to the Minister of Finance. The Minister has been away on an extended vacation and has just returned. He needs you to inform him about the current state of the economy and the short-term economic outlook. Specifically, he wants to know about the:
- Inflation rate
- Prime Interest rate
- Strength of our dollar
- Gross Domestic Product versus last year
- Your opinion - What stage of the business cycle is Canada currently in?
The Minister also wants you to mention how the current economic state will affect international business in the near future.
Your memo should be no longer than one page in length.