The Bank of Canada has given the same guarantee for Canada Savings Bonds records. Of course, the Bank of Canada’s own critical computer systems have also been reviewed, upgraded as necessary, and tested. And they are Year 2000 ready. An important issue for the financial sector is the state of preparedness of providers of infrastructure services (e.g. electricity, telecommunications).
These, too, are reporting that they are Year 2000 ready. With all the effort, time, and resources devoted to the task, it is not surprising that a number of knowledgeable Year 2000 commentators have singled out the Canadian financial sector, especially the banking sector, as one of the world leaders in Year 2000 preparedness.