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Macroeconomics
Macroeconomics is a field of economics that studies economic behaviour in the aggregate, or as a whole. It investigates economic issues such as employment, national income, price inflation and international trade. By contrast, microeconomics studies the behaviour of individuals and firms in allocating scarce resources. Macroeconomics emerged in the 1930s as a separate field largely in response to the Great Depression. Macroeconomists often use aggregate measures to study the structure and behaviour of the entire economy. Some of those measures include gross domestic product (GDP), unemployment rate, interest rates, economic growth rates and price indices (see Consumer Price Index). This branch of economics is closely tied to government policy, especially fiscal policy (government spending with the aim of stimulating the economy) and monetary policy (policies related to the supply of money). Developments in macroeconomic theory often affect the monetary policies of central banks, such as the Bank of Canada and the United States’ Federal Reserve, that in turn have an impact on the cost of living and economic stability around the world.
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Macleans
Mad Cow Disease
This article was originally published in Maclean’s magazine on April 1, 1996. Partner content is not updated.
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Macleans
Mad Cow Regulations Still Outdated
Nearly four months have passed since the discovery of a solitary case of mad cow disease threw Canada's beef business into turmoil, and what has changed?This article was originally published in Maclean's Magazine on September 22, 2003
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Madawaska: A Canadian-American Borderland, from Colonization to Division
Madawaska was a borderland that comprised parts of New Brunswick, Lower Canada, and the state of Maine, concentrated along the upper Saint John River valley.
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Made Beaver
Hudson's Bay Company found it necessary to devise a unit of value that would accommodate Aboriginal people's bartering to European bookkeeping methods
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Maggie Vail Murder Case
In September 1869, berry pickers in Saint John, New Brunswick, discovered the remains of an adult and a child hidden in some bushes. The bodies were soon identified as belonging to Sarah Margaret “Maggie” Vail and her infant daughter, Ella May. Later that month, architect John A. Munroe was charged with the murder of Vail, with whom he had an affair. Although his lawyer argued that Munroe was incapable of murder given his education and social standing — an early example of the “character” defence — he was convicted in December 1869. Munroe eventually confessed to the murders and was executed in February 1870.
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Magna Carta
The 1215 agreement between King John of England and his barons provided the foundation for English common law, which spread throughout the English-speaking world. Magna Carta is the first example of a king of England consenting to written limits on his power drafted by his subjects. The Magna Carta (or Great Charter) informs the legal system in English Canada, and the Canadian Charter of Rights and Freedoms.
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Magnetic Poles
Because it behaves like a magnetized sphere, Earth has 2 magnetic poles. They are located near, but not at, the geographic poles, which are on the axis of Earth's rotation. The north and south magnetic poles are the locations on Earth's surface where the planet's magnetic field points straight downwards (at the north magnetic pole) and upwards (at the south magnetic pole). Conventional compasses which move on a horizontal plane are useless near the magnetic poles. However, a magnetized needle free to swing vertically will dip downwards at the north magnetic pole and point straight up at the south magnetic pole. For this reason, the magnetic poles are also referred to as the "dip poles."
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Magpie
Magpie is a common name for birds of several genera in the crow family. Some 20 species are known worldwide; however, only the black-billed magpie (Pica hudsonia) is found in Canada.
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Mahe Case
Mahe CaseOn appeal from the Court of Appeal in Alberta, where a small group of francophone parents had taken the Alberta Government through the court system (Queen's Bench 1985; Appeal 1987) on minority language educational rights, the Supreme Court of Canada had to rule whether the rights that Section 23 of the CANADIAN CHARTER OF RIGHTS AND FREEDOMS mandates, depending upon the number of students, include 1) a right to "management and control" over minority...
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Maher Arar Case
Maher Arar is a Syrian-born Canadian. In 2002 he was sent by the United States to Syria as an accused terrorist, based on faulty information supplied to US agents by the Royal Canadian Mounted Police (RCMP). Arar was tortured in Syria before being released and returned to Canada. The federal government paid him $10.5 million in compensation for the wrongs done to him.
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Maintiens le Droit
Maintiens le Droit [Fr, "Uphold the Right"], the official motto of the ROYAL CANADIAN MOUNTED POLICE. The use of the motto by the NORTH-WEST MOUNTED POLICE was first advocated in 1873 and adopted 2 years later.
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Maisie Hurley
Maisie Hurley, née Maisie Amy Campbell-Johnston, Vancouver-area political activist, Indigenous ally (see Indigenous Peoples in Canada), newspaper founder and art collector (born 27 November 1887 in Swansea, Wales; died 3 October 1964 in North Vancouver, British Columbia). Although Hurley had no formal legal training or law degree (see Legal Education), she worked on several legal cases and advocated for Indigenous peoples’ basic human rights as well as for changes to the Indian Act. In 1946, Hurley started a newspaper called The Native Voice that aimed to bring attention to important issues concerning Indigenous communities across Canada (see Rights of Indigenous Peoples in Canada). In 2011, Hurley’s collection of Indigenous art was displayed at the North Vancouver Museum.
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Maison Saint-Gabriel
Maison Saint-Gabriel is a museum and historic site that opened in 1966. This 300-year-old building, located in Montreal’s Pointe-Sainte-Charles district, is one of the finest examples of the traditional architecture of New France. It served, notably, as a home for the Filles du Roi.
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Malaria
Early settlers in Ontario experienced a disease called "fever and ague," which ravaged the first European settlements such as Newark [Niagara-on-the-Lake] and Cataraqui [Kingston].
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