interest rates and a challenging labour pool. Despite these difficulties, the Canadian franchise industry has continued to flourish. In fact, franchising in Canada is the 2nd largest franchising industry worldwide, and it represents more than $120 billion of Canada’s GDP (2023 Industry Overvie...
Gross domestic product (GDP) is the value of services and goods produced in the economy of a country. It’s usually calculated yearly or quarterly. GDP measures the state and health of a specific economy. You could look at it alone, but also use it to make comparisons with other countries...
Gross Domestic Product (GDP) is the total value of all goods and services that a country produces in a set period of time. 🤔 Understanding Gross Domestic Product (GDP) Gross Domestic Product measures the value of everything that a country produces. It’s almost impossible to produce a com...
Unfortunately, while the simplicity of the measure is elegant in theory, it’s anything but in practice. Consider that paying someone to dig a hole and then fill it back up adds to GDP; that staying home to care for an infant takes away from GDP; and that GDP would expand considerably ...
Whatever the outcome of the U.S. election, one thing was clear: Canada will have to constantly remind its biggest trading partner that their economies are intertwined. “The work that we have to do is always to remind Americans to take into consideration the fact that their supply chains are...
Protectionist leanings of global political candidates may be threat to trade, but the investment impact is less than certain.
A country's GDP is a measure of the goods and services it produces. GDP calculations are useful, but not always accurate because...
dilemma. Digital books are said to sell better than print titles by 2020 in Britain, and even sooner in America. With the closedown of HMV, that music-retailing giant, still fresh in everyone's minds, real bookstores appear to be on borrowed time. So, what is the future of the book...
Potential gross domestic product, or potential GDP, is a measurement of what a country's gross domestic product would be if it were operating at full employment and utilizing all of its resources. This amount is generally higher than the actual gross domestic product, or GDP, of a country. ...
GDP measures the value of goods and services produced within a country's borders, by citizens and non-citizens alike. GNP measures the value of goods and services produced by a country's citizens, both domestically and abroad. GDP is the most commonly used by global economies. ...