The same can be said of economic challenges. In my remarks today, I will review how these very qualities helped Canada outpace other major advanced economies through the recent global recession and recovery.
Economic and financial sector performance in 2004 and in the first months of 2005  Turning to my third issue, I would now like to give you a brief glance on the development of the Austrian economy and financial sector in 2004 and the first months of 2005. Austria encounters the current challenges and reform requirements with a forward-looking economic policy.