The financial crisis and ensuing global recession demonstrated the fundamental interconnectedness of the global economy. When built on bedrock, interconnections of trade and investment create jobs and prosperity, including the $ billion in goods exports in industries represented by your members.
However, when built on sand, as was the case for too much of financial activity pre-Lehman, the global economy can transmit instability, uncertainty and unemployment. I want to discuss today what we can do to build the foundations for the right kind of globalisation, so that you can concentrate on creating prosperity for your families and fellow Canadians.