I'll discuss each of the two components, trend labour input and trend labour productivity, emphasizing longer-term trends and reflecting on how these trends may have been affected by the current recession. Labour input: A drag on potential output growth For the past 30 years, Canada, like some other nations, has been sailing with a favourable wind at its back.
These adjustments will be coupled with our continued commitment to strong supervision 5/6  BIS central bankers' speeches  and our expectation that financial institutions ensure they are managing their risks and holding sufficient capital to continue operations through times of stress. 1 Amendments to the Regulatory Capital, Capital Plan, and Stress Test Rules (PDF), 83 Fed. Reg. 18,160 (April  25, 2018).