But these kinds of shocks can have a significant impact on consumer and business confidence, especially when they happen in quick succession. Today, I want to talk about the role that confidence plays in our economy and the measures that are being taken to strengthen it.
Trust and confidence are essential if markets are to operate efficiently, so that businesses can finance themselves in good times and bad. And Canadians need to maintain confidence in the macroeconomic framework so that we can all reap the benefits of a smoothly functioning economy.