The reforms were also aimed at addressing the legacy problems in the banking sector such as the poor corporate governance, false financial reporting, and insider dealings, and other practices that left some banks insolvent. 8.
After that, I’ll go over what we’re seeing globally and at home to put things into a broader perspective. Finally, as I mentioned, I’ll talk about what led us to our decision yesterday. How high inflation took hold in Canada Global forces Without question, one of the biggest drivers of high inflation around the world has been higher commodity prices.