As you saw from the presentation of the operational highlights, FLAReS will facilitate the submission of applications for approval and registration of loans via the internet… Payment of processing fees will likewise be more convenient, using the branch network of participating banks….
It can help instill confidence among consumers and businesses alike. Canada's monetary policy is anchored by an inflation-targeting system—a system that has also been adopted by the Bank of England. The Bank of Canada aims to keep inflation at 2 per cent, the midpoint of a 1 to 3 per cent range.