The Unified Payment Interface (UPI) is the mainstay of the retail payment ecosystem, with around 9 billion transactions in April 2023 alone and this is attracting global attention. The India Stack creates a unified software platform to bring our population into the digital age. India Stack is the largest open application programming interface (API) in the world.
It is important that our resource sector strives to remain among the world’s most efficient, and that our manufacturing sector continues to innovate. The steps that I have just described will help us meet the long-term challenges that we, as well as other national economies, face. Canada’s economy continues to adjust to global economic developments.