The purpose of my previous speeches was the same as the Bank's purpose in publishing the FSR; that is, to improve public understanding of financial system developments and trends, to point out potential vulnerabilities in the system, to highlight some of the Bank's research, and to promote discussion of financial system issues in general.
Ultimately, the goal is to help provide the context that will lead to stronger financial system policies in Canada. The latest issue of the FSR was published last week, and it deals extensively with the market turbulence that began during the summer. The Bank actively works to promote a financial system that is both stable and efficient.