More recently, we have looked to London for an array of new financial products. We have also given back. Canada helped to finance Britain's World War II efforts, and we were pleased to receive the final repayment, on schedule, in 2006.
Intuitively, one can understand how a greater anchoring of price expectations can reduce uncertainties for decision-makers and savers alike, how it can reduce the risk premium required by investors in both financial assets and the real economy, how it can help develop financial instruments available for development, and how it can lead to more stable employer-labour relations.