A. Why financial stability is important It is not surprising that central bankers worry about financial stability, even those central  bankers who do not have statutory responsibilities for banking supervision. Weak financial systems can have long-lasting and insidious macroeconomic implications (the problem of “financial fragility”) that are naturally of concern to central bankers.
These issues are relevant to the renewed discussion of fiscal policy that is now taking place in Canada. Conclusion Allow me to conclude. During the years since the global financial crisis, we have been doing a lot of thinking and research to improve our understanding of the nexus between monetary policy and financial stability.