Money matters

Some macroeconomic aspects of the Canadian economy—inflation, the federal debt or the value of the Canadian dollar—can have microeconomic consequences. Canadians shopping for groceries, computers, a new car or a house are directly affected by rising costs. 'Snowbirds' migrating to Florida for the winter months find that the weak Canadian dollar is shrinking their savings more rapidly. And though the federal government is responsible for paying the debt, it does so using significant shares of our tax dollars.