Chart 5: The rate of entry for new firms may have finally stabilized Four-quarter moving average, quarterly data  % 4.0  3.5  3.0  2.5 2007Q1 2008Q1 2009Q1 2010Q1 2011Q1 2012Q1 2013Q1 2014Q1 2015Q1 2016Q1 2017Q1  Source: Bank of Canada calculations using Statistics Canada's quarterly firm creation data  Last observation: 2017Q1  Conclusion In recent quarters, Canada’s economic growth has been strong, exceeding that of all the other G7 economies.
In this situation, due attention should be paid to the fact that there are downside risks to economic activity depending on developments in global financial markets and overseas economies.