9 See R. Fay, J.-D. Guénette, M. Leduc and L. Morel, “Why Is Global Business Investment So  Weak? Some Insights from Advanced Economies,” Bank of Canada Review (Spring 2017): 56– 67. -6the economy’s potential growth rate.10 The second issue is that the boost to world trade and investment that came with China joining the World Trade Organization in 2001 has run its course.
Technological advancements have significantly altered the delivery and processing of nearly every consumer financial transaction, from the most basic to the most complex. For example, information processing technology has enabled creditors to achieve significant efficiencies in collecting and assimilating the data necessary to evaluate risk and make corresponding decisions about credit pricing.