1.Canadian GDP growth was 1.1 percent in 2015 and is expected to edge down slightly in 2016 due to the persistent low price of oil, which hurts investment in the oil sector. The loonie is expected to remain weak vis--vis the US dollar, but the growth of US GDP is expected to slow down in 2016 due to a weak energy sector, a strong dollar, and turmoil overseas.

a.Why might Canada's recent GDP growth rates overstate the actual increase in the level of production taking place in Canada?