Intro text

Canadian Economy is analysed here. Findings are:
1. Canadian Economy depends on US. US recessions affects Canada severely. 2. Canadian Economy is unaffected by the party in power. 3. Recession in US helps to reduce disparity between the rich and the poor in Canada.
4. Income inequality reduces during the term end of the governing party in power or during the time minority government is in power. 5. GDP growth rate is inversely related to unemployment rate. 6. Balanced budget invariably leads to disparity between the rich and the poor.

GDP

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Effect of Recession

Effect of Party in Power

Source: The World Bank - GDP growth (annual %): http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=CA Party in Power: https://en.wikipedia.org/wiki/List_of_Canadian_federal_general_elections

GINI

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Effect of Recession

Effect of Party in Power

Source: GINI coefficient : http://www5.statcan.gc.ca/cansim/a26?lang=eng&id=2060033&p2=33 Recession in US acquired from Wikipedia

EMPLOYMENT-GINI

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Effect of Unemployment

Effect on GINI Coefficient

Source: Balanced Budget Relative to GDP: http://www.rbc.com/economics/economic-reports/pdf/provincial-forecasts/prov_fiscal.pdf

ENTITLEMENT

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Number of Earners to One Pensioner

Number of Earners

Source: Number of earners; Canada Pension Plan (CPP) - Number of CPP recipients by benefit type and gender; Old Age Security Program (OAS) - Number of OAS recipients by type and gender: http://open.canada.ca

DEMOGRAPHY

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