MGM101H5 Lecture Notes - Lecture 6: Canadian Dollar, Devaluation, Gross Domestic Product

• School: UTM
• Department: Management
• Course: MGM101H5
• Professor: Dave Swanston

Document Summary

We would have more competition, we would have more resources. More demands for certain type of manufacturing goods in canada. Tells us where there is demand, can tell us the consumer preferences and where people are selling their stuff: more market insight and research. Knowing the potential of the market you"re going into, if its decreasing then its going. As a manager, if i"m working in the manufacturing then you will feel comfortable in your job. The canadian dollar is really low so it can be easier to buy stuff and then can generate growth. Its fundamental responsibility is to develop and manage the monetary policies and. Bank of canada finical systems associated with canada"s economic activity. Bank of canada has the following core areas of responsibility: managing inflation and currency supply, developing and managing financial systems and safeguards, providing fund management services to chartered. Our relationship with the boc is not direct.