Referring back to Canada's GDP Growth, it is seen that this country has kept a consistent inflation rate, in addition to its decline in economic growth. "The Bank of Canada was the first in the Group of Seven leading industrialized nations to raise rates after the last recession as the economy recovered" and said "global headwinds were restraining growth in Canada, but it expected domestic factors to support moderate growth." In relevancy, the aggregate demand curve has shifted to the right because the Bank itself is now expecting future profits in order to boost the country's economic growth.