It is a pleasure to stand in front of such a distinguished audience to discuss one of the challenges to be confronted by many economies around the globe, a challenge that will be with us for the next decades: ageing and its macroeconomic implications.
That means inflation that is centred on our 2% target. Price stability is important because it restores the competitive forces in the economy and allows Canadians to plan and invest with confidence that their money will hold its value. That's the destination-we are on our way and we will stay the course.