After you have read and studied this chapter, you should be able to

1. Understand the seven categories of government activities that can affect business.
2. Illustrate the historical role of government in the Canadian economy.
3. List some of the major Crown corporations in Canada and indicate their role in the economy.
4. Explain how the federal budget and the national debt are related.
5. Discuss the importance of Canada's Innovation Strategy to the government's plan to improve competitiveness.