At the same time that the Canada-U.S.Free Trade Agreement was introduced,the Bank of Canada was engaged in ________ monetary policy and the federal government introduced the GST,which was widely seen as a ________ fiscal policy measure.

Question

Quizplus · Accepted Answer

The Bank of Canada was engaged in contractionary monetary policy to control inflation, and the GST was seen as a contractionary fiscal policy measure because it increased taxes.

At the Same Time That the Canada-U