The shift of FATF standards toward risk‐based approach, will support our financial system in the direction of inclusive growth and access to better financial services by discouraging the de‐risking. 8.
After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year. We expect that, over the projection horizon, domestic demand will continue to be the main driver of growth in Canada.