That's a good point. We need to take into account the fact that our economy is growing at a rate of 2 or 3 per cent a year. A 0.5% drop in GDP is not huge—the impact would correspond, say, to a loss of 50,000 jobs.
Director General, Economic and Fiscal Policy Branch, Department of Finance
That's a good point. We need to take into account the fact that our economy is growing at a rate of 2 or 3 per cent a year. A 0.5% drop in GDP is not huge—the impact would correspond, say, to a loss of 50,000 jobs.
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