Again, it would be co-operation in terms of information-sharing that would be important. Overall, I believe that the clear longer-term objectives and frameworks of monetary and fiscal policies have created an environment where co-operation in the form of sharing information and analysis is most effective.
BIS Review 28/2002  9  Concluding thoughts Just over 25 years ago, in the absence of appropriate anchors, Canadian monetary and fiscal policies both went badly off course. It then took 15 to 20 years to establish the appropriate focus for those policies and to bring them back on course.