Stephen S Poloz: Release of the Financial System Review Opening statement by Mr Stephen S Poloz, Governor of the Bank of Canada, at the press conference following the release of the Financial System Review, Ottawa, Ontario, 8 June 2017. * * * Good morning.
Senior Deputy Governor Wilkins and I are glad to be with you today to talk about the June issue of the Bank’s Financial System Review (FSR), which we published this morning. Let me start with a quick reminder about the purpose of the FSR. It identifies vulnerabilities in the financial system—pre-existing conditions that can interact with economic shocks—and monitors how they are evolving.