This commitment is expressly conditional on the outlook for inflation, which will be updated in the Bank’s next Monetary Policy Report, to be published on 22 April. 21  For a more detailed discussion, see M. Carney, “Reforming the Global Financial System.” Speech to the Autorité des marchés financiers, Montréal, Québec, 26 October 2009.
BIS Review 36/2010  7  Conclusion In conclusion, the twin challenges of boosting Canadian productivity and of implementing the G-20 framework globally are daunting. But the gains are considerable. Now is not the time to rest on our laurels or to take an open global economy for granted. The Bank is committed to tackling these important issues.