9 I’m pleased to say  5  See, for example, Daniel K. Tarullo (2013), “Shadow Banking and Systemic Risk Regulation”, speech delivered at the Americans for Financial Reform and Economic Policy Institute Conference, Washington, November 22; http://www.federalreserve.gov/newsevents/speech/tarullo20131122a.htm; and Daniel K. Tarullo (2013), “Macroprudential Regulation”, speech delivered at the Yale Law School Conference on Challenges in Global Financial Services, New Haven, CT, September 20, http://www.federalreserve.gov/newsevents/ speech/tarullo20130920a.htm.
In fact, just two weeks after I spoke, the first lockdown was imposed, which accelerated the evolution of the digital economy. And so our work to prepare for the day when Canada might want to launch a digital loonie—backed by the Bank—has also accelerated. We are not alone.