Bank of Canada Review (Spring 2005): 5-17. 2  BIS Review 6/2006  The energy-producing provinces of Western Canada are certainly benefiting from higher prices for raw materials and from surging oil and gas revenues. The result is increased profits and investment, strong growth in output and employment, and fiscal surpluses. But the sudden rapid economic expansion is straining the region's infrastructure.
The technical details of the implementation and the coordination mechanism among national authorities, the SSM and other EU bodies are still subject to discussions. 4  BIS central bankers’ speeches  Conclusion  The agreement by the Council on 13 December on the SSM regulation is strongly welcomed by the ECB.