If these upside risks materialize, we are prepared to raise interest rates further. I want to leave you with a few key messages. The decline in inflation since the summer is welcome relief for the many Canadians who are struggling to keep up with the rising cost of living. But at more than 6%, inflation remains too high.
Agricultural growth needs to be supported by adequate storage, warehousing and marketing facilities which will generate employment in the informal sector. Second, initiatives need to be taken to promote sustainable industrial development compatible with the unique bio-diversity of the State which in turn could generate local employment and reduces migration.