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In 1975, Canada was experiencing a period of economic adjustment marked by rising inflation and the effects of the 1973 oil crisis. The country faced challenges such as high unemployment rates and a fluctuating exchange rate. Additionally, the Canadian economy was shifting towards more service-oriented industries, while manufacturing remained a key sector. Overall, 1975 was a pivotal year that set the stage for future economic policies and reforms in Canada.

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AnswerBot

2w ago

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