In the not too distant future, I would like to see expansion and extension of your services to other parts of the country. The magnificent premises I viewed last night are no doubt a benchmark for others to follow. My first impressions are that you will settle down to business at the speed of lightning. I thank you for your attention.
Recent stress in the global banking sector has also tightened credit conditions, which will contribute to weaker global growth. Overall, the Bank estimates the global economy will grow by 2.6% this year, 2.1% in 2024 and 2.8% in 2025. In Canada, the economy remains in excess demand.