As Canada continues to become more integrated with the global economy,and our labour market is increasingly affected by demand and supply conditions elsewhere in the world,we can expect that

Question

Quizplus · Accepted Answer

As Canada becomes more integrated with the global economy, the demand and supply conditions for labour in Canada will be increasingly affected by conditions elsewhere in the world. This means that the NAIRU in Canada will tend to increase, as the Canadian labour market will be more exposed to global economic shocks.

As Canada Continues to Become More Integrated with the Global