14 These numbers are drawn from National Treasury, 24 June 2020, Supplementary Budget,  specifically Table 4.1 on p. 35, available at http://www.treasury.gov.za/documents/National%20Budget/2020S/review/FullSBR.pdf. 15 Mervyn King, 2016, The end of alchemy: money, banking and the future of the global economy, Chapter 2. At this stage, there is little consensus on the answers, and even less on policy solutions.
At the Bank of Canada, we will continue to contribute to these efforts by conducting research and promoting discussion on ways to improve the functioning of our financial institutions and markets and to enhance the safety and soundness of Canada's financial system. We share this research with regulators, market participants, and the public.