I’ll explain that returning to low and stable inflation is the best way to achieve maximum sustainable employment. Our mandate is explicit about that. Second, I want to highlight how the Canadian labour market was hit by COVID-19, how it recovered and what we expect in the coming months.
Finally, I want to discuss structural changes in the labour market, such as the aging of the population, that we’d be grappling with even if the pandemic hadn’t happened. I will discuss what we are watching and what Canadian governments and businesses can do to help grow the supply of labour.