Due to differences in Canadian Fiscal Policy, Monetary/Exchange-Rate Policy, and Deficit Reduction, to name but a few, macroeconomics in Canada is unique and should be taught as such. In addition, the field of macroeconomics is an ever-evolving one: as new events take place, new research is conducted, and new policies are initiated, we must incorporate these changes into our teaching to provide students with the most modern education possible. This new edition of Mankiw/Scarth has been developed to reflect both the nuances of Canadian macroeconomics, and the numerous changes and advances in the field in recent years.