Sentences with phrase «in nominal gross domestic product»

The government recently made changes to the Canada Health Transfer, reducing the escalator from an annual increase of 6 % per year to a three - year moving average in nominal gross domestic product.

In December 2011, Minister Flaherty unilaterally announced to the provinces that the annual Canada Health Transfer escalator would be cut from 6 per cent per year to a moving average of growth in nominal gross domestic product, or would grow by at least 3 per cent per year.

On December 19, 2011, the federal Minister of Finance announced that the federal government had decided that, beginning in 2017 - 18 and through to 2023 - 24, the annual increase in the Canada Health Transfer (CHT) would be linked to a three - year moving average in nominal Gross Domestic Product (GDP).

Not exact matches

In late August, Western University's Mike Moffatt, another widely read economist (and Canadian Business commentator), joined the discussion, writing in the Globe and Mail that the Bank of Canada should target the growth of nominal gross domestic producIn late August, Western University's Mike Moffatt, another widely read economist (and Canadian Business commentator), joined the discussion, writing in the Globe and Mail that the Bank of Canada should target the growth of nominal gross domestic producin the Globe and Mail that the Bank of Canada should target the growth of nominal gross domestic product.

The Province's revenues tend to grow roughly in line with the Ontario economy (that is, nominal gross domestic product [GDP]-RRB-, since it is economic activity that generates the majority of revenues.

This was based on real GDP growth of 2.0 % and nominal gross domestic product growth of 1.6 % in 2015.

In addition, PBO's forecast for nominal gross domestic product (GDP)-- the broadest measure of the federal tax base - is considerably lower than the average of the private sector economists» forecasts released by the Minister of Finance on October 29, 2012.

Nominal gross domestic product, the broadest measure of the tax base for federal revenue, is projected to be about 6 per cent higher in 2010 than in 2009, which should impact positively on federal revenues.

However, nominal gross domestic product (GDP) is projected to grow only slightly faster in 2013 than 2012 and no improvement in the deficit outlook is expected for 2012 - 13.

As it turns out, the PBO forecast of nominal gross domestic product (GDP) differs only marginally from the adjusted forecast of nominal GDP used in the March 2011 Budget (see Table 1).

Based on IMF (International Monetary Fund) stats, Canada is placed at 17th in terms of nominal gross domestic product (GDP) constructed on purchasing power parity (PPP).

China's nominal gross domestic product (GDP) rebound is reflected in producer prices turning positive year over year for the first time in nearly five years last month.

To forcefully tackle the unemployment problem, he needs to set a new policy framework — in this case, to begin targeting the path of nominal gross domestic product.

Yet low nominal gross domestic product growth and aging populations argue for lower bond yields than in the past — and sustained demand for high quality bonds.

I suspect, for reasons I will write about in the next few days, that moving away from inflation targeting to something like nominal gross domestic product - level targeting would be a better idea.

In the March 2016 Budget, Finance Minister Morneau reduced the private sector economists» forecast of average nominal gross domestic product (GDP) by $ 40 billion per year.

But PBO's nominal gross domestic product is equal to or higher in each year compared to the Budget 2013 «risk adjusted» forecast.

In the budget, nominal gross domestic product (GDP) was reduced by $ 40 billion annually throughout the forecast period, implying a fiscal prudence factor of $ 6 billion per year, twice the normal amount of prudence.

[9] Final sales to domestic producers (FSDP) is defined as «the sum of nominal gross domestic product plus imports minus exports minus the change in private inventories.»

With the Nominal GDP (gross domestic product) $ 4.114 and the GDP PPP (purchasing power parity) was $ 6.590 billion in 2009.

Nominal means very small or far below the real value or cost, and in finance, this adjective modifies words such as fee, interest rate and gross domestic product (GDP).

If it stalls, the nation with the world's fourth - largest economy by nominal gross domestic product could flounder economically, miring grandiose ambitions in the European Union (EU)-- and around the world — to combat climate change with renewables.

ECONOMIC OVERVIEW Minister of Economic Development and Trade: German Oskarovich Gref Minister of Finance: Aleksey Leonidovich Kudrin Currency: Ruble Market Exchange Rate (11/6/02): $ 1 = 31.8 rubles Nominal Gross Domestic Product (GDP)(2001E): $ 319.3 billion; (2002E): $ 352.6 billion Real GDP Growth Rate (2001E): 5.0 %; (2002E): 4.1 % Inflation Rate (Change in Consumer Prices, Dec. 2000 - Dec.

The progress in the general insurance industry has kept pace with the nation's nominal gross domestic product (GDP), leading to general insurance penetration staying constant in the range of 0.55 - 0.75 % over the last 10 years.