The main point here is that the Canadian economy has adjusted – and is continuing to adjust – to take advantage of our opportunities in an integrated global economy. Now let me turn to the role played by monetary policy. The role of monetary policy The Bank of Canada Act directs the Bank to "promote the economic and financial welfare of Canada."
The PBC and the financial community will continue to support the advancement of the GEM in the future. At present, China’s economy is at the key juncture of stabilization and recovery.