In the history of the Canadian economy, which economic era saw both high unemployment and high inflation at the same time?

Question

Quizplus · Accepted Answer

The era from the early 1970s to the early 1980s, also known as the stagflation era, saw both high unemployment and high inflation at the same time. This was caused by a combination of factors including the oil crisis, rising government spending, and wage-price spirals. Before and during the Great Depression, there was high unemployment but low inflation, while from after the Great Depression to the early 1970s there was low unemployment and low inflation. Since the early 1980s, there have been periods of high unemployment and inflation, but not at the same time.

In the History of the Canadian Economy, Which Economic Era