Part of aging gracefully is accepting the inevitable and making the best of it. Getting older should be about getting better – it’s about being wiser and more thoughtful about the future and what lies ahead. There are various options available to individuals and families, businesses, and policy-makers to ensure that we continue to improve our standard of living.
Whatever we decide, our reality will change. That is why we, at the Bank of Canada, will continue to pay close attention to how this situation evolves. Thank you very much.