The more we invest in increasing supply through trade, automation, innovation, training and immigration, the faster the Canadian economy can grow without creating inflationary pressures. Canada thrives in a world of open trade and investment flows, and its market access is among the best in the world. We need to protect this and deepen our trading relationships.
The task participants face at each meeting is to forge a rough consensus regarding the outlook, the risks to the Committee's objectives, and the appropriate policy response. Of course, it is not always possible – indeed, it would be rather unusual – to come to a set of conclusions that fully represent the views of every participant.