Here in Canada, the Bank works closely with other federal and provincial entities to promote financial stability. Bodies such as the B.C. Securities Commission focus on individual markets. But the Bank of Canada focuses mainly on stability issues from a broad, system-wide perspective. We contribute to financial stability in a number of ways. The Bank provides liquidity to the Canadian financial system.
With the pandemic, virtual training programmes and seminars have known a boost, driving costs downwards and resulting in many of them being offered on free of charge basis. These online trainings have been warmly welcomed by all, ensuring that uplifting of knowledge, skills and motivation of employees are maintained. The coronavirus outbreak has forced us to rapidly adapt and rethink our priorities.