You can be sure that the Bank of Canada will continue to support Canadians and the Canadian economy throughout the recovery. Before I turn the Governing Council’s policy discussions, let me say a word about the format of the MPR itself. You will notice two new boxes in the Report—boxes 2 and 3—that review the changes to the global and Canadian projections since January.
In February 2015, Prime Minister Li stressed once again that the climate for foreign investors in China needed further improvement. The World Bank’s annual Doing Business Report examines business regulations in, at last count, 189 economies on the basis of 36 indicators. China is currently ranked in 90th place. There is therefore still room for improvement.