As I conclude, I want to stress that Kenya is on a journey to a digital economy and so is Barbados. We are prepared to walk with you, sharing our own experiences, challenges and learning from you as well. Our two countries have a common heritage and vision of the shared prosperity of our citizens.
Higher productivity growth means stronger growth in wages and incomes.1 And the economy overall can grow faster without causing inflationary pressures to build. There’s nothing like a few numbers to illustrate a point. The scope for the Canadian economy to expand without causing inflation—potential output growth—has averaged just under 2 per cent over the past 15 years.