Increased interprovincial trade in goods and services provides another channel to capture more of the value added from energy, mining and agriculture for all of Canada. This is already happening. For most provinces, trade inside Canada has continued to grow from 2007 to 2011, offsetting all or some of the weakness in international trade over the same period (Chart 33).
Resilient financial system The financial system is a critical enabler, channelling savings to productive investments and helping firms and households to manage risks. Our banks withstood the 2008 financial crisis and are considerably stronger today than they were then. They have substantially lengthened liquidity horizons. They have increased their common equity capital by 77 per cent, or $ billion, since the end of 2007.