Even so, retesting of systems and contingency planning will continue right up to, and including, the New Year’s weekend. Right now, the Canadian financial sector is so well prepared that the major issue is no longer one of potential technical problems.
Rather, it is a matter of dealing with a possible overreaction to Year 2000 fears that could be more disruptive than the Year 2000 problem itself. With this in mind, the Bank of Canada has built up a large inventory of banknotes.