He states:
Overall, we forecast GDP growth in Canada of 1.5% this year and about 2% in 2025 and 2026. The strengthening economy will gradually absorb excess supply through 2025 and into 2026.
Deputy Governor, I tend to think of the world in the last thousand days in terms of what we've gone through and then look forward to the next 100 or 200 days, wherever you want to take it.
One comment is that we are seeing inflation go in the correct direction. Expectations are anchoring on both the consumer and business sides. Would you not concur with that?