Canada's economic growth in review
Growth improved in 2004, part of the world economy having its best year in almost 3 decades. The boom in commodities and the rising loonie sent the trade surplus to a new record and helped investment snap out of a 3-year slump. Energy, especially the tar sands, was a focal point of the upturn in resources. Housing also enjoyed another good year. Growth was evenly spread, with no major industry or province posting a loss last year.
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Subjects and keywords
Subjects
Keywords
- Analytical products
- Beef
- Business sector
- Capital stocks
- Consumer spending
- Durable goods
- Economic growth
- Employment growth
- Energy consumption
- Exchange rates
- Gasoline
- Globalization
- Government investments
- Gross domestic product
- Housing starts and completions
- Imports
- Inflation
- Information and communication technologies
- International trade
- Job creation
- Mining
- Natural gas
- Prices
- Purchasing power
- Rent