Bank of Canada Review Autumn 2001

RESEARCH - Factors Affecting Regional Economic Performance in Canada

by Brigid Brady and Farid Novin. Short summary.

This article examines three shocks that affected Canada's economy over the past year from a regional perspective. The downturn in the U.S. economy, high energy prices, and low lumber prices affected Canada's regions to varying degrees. The relative size of the various economic sectors in each region is important in determining the intensity of a region's response to an economic

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