In terms of its lending operations, the Bank of Canada is not legally constrained by its Act in the type of financial instruments that it can accept as collateral under its Standing Liquidity Facility (SLF), a facility that can be used in both normal and in turbulent times.
*  *  *  Introduction Ms Roshika Deo, Immediate Past President of the Rotaract Club of Suva Members of the Rotaract Club Ladies and Gentlemen Good Morning and a very warm welcome to everyone. This is the second time that I have addressed your Rotaract Club early on a Saturday morning! The first was in September 2007.