Beyond basic food security, which may be provided even by a carbohydrate-dominated diet, economic development is closely associated with the increasing significance of protein in people’s diets, which in turn is driven by the decreasing relative prices of protein sources.
Average annual growth in Canada is expected to be about 2 1/2 per cent this year. During 2004, our economy should expand at a rate above its 3 per cent growth of potential. Therefore, most of the small amount of economic slack that is likely to open up this year will have closed by the end of 2004.