High Real Interest Rates and the Slowing Down of Inflation Are Changing the Nature of the Business Cycle in Canada. the Fast Growing American Economy in the First Half of the Year Has Fostered Economic Growth in Canada in 1984 to a Level Above What Was Initially Forecasted. Business Investment...

In the Context of a Moderate Growth in Output and of a Rise in the Trend of Productivity, We Forecast That Employment and Labour Force Growth Will Be Approximately Equal over the 1984-91 Period in Canada Such That the Unemployment Rate Will Fluctuate Around an Average of 11-12%. on the Other...