And it should stand us in good stead, no matter what short-term turbulence and uncertainties we face. True, at the moment, we are beset by tremendous uncertainties. And I would like to turn to those now, as I discuss the economic outlook and the steps that the Bank is taking to support growth in Canada.
Momentum for wage hikes is growing, and firms are moving ahead with reskilling and other efforts to augment vocational training for employees. I have the sense that Japan has finally started to move toward transformation.