While this is still somewhat short of the pre-crisis performance, there is a widespread perception that, with the several capacity constraints that the economy faces, more rapid growth than this would quickly trigger strong inflationary pressures. Inflationary pressures Regrettably, though, inflationary pressures have been visible in the economy even in the early stages of the recovery.
First, I want to thank Manny Jules, Chief Commissioner of the First Nations Tax Commission and founder of the Tulo Centre of Indigenous Economics. He has been the inspiration behind much of the Bank’s work in this sphere, and a leader in helping to bring this event to fruition.