And two of the provinces with the strongest economies, British Columbia and Quebec, also feature the highest job vacancy rates. Another key measure of labour market health is the participation rate. This is the percentage of working-age people who are either employed or actively looking for work.
The provision of emergency liquidity assistance was reviewed every two weeks and the ECB Governing Council could put a stop to it for a variety of reasons (lack of collateral, low capital adequacy ratios of the banks, incomplete implementation of the programme, etc.). We therefore had to thoroughly prepare our positions and persistently intervene to prevent any negative developments.