But what a difference the past two years have made to the challenges we face! Let me remind you that it was in late 1995, when investors’ concerns about Canada’s fiscal and political problems finally began to recede, that the Bank of Canada was able to take action to provide substantial monetary support to the economy.
As stakeholders and beneficiaries of the mortgage market, we all share an interest in working together to implement solutions that maintain a robust, transparent credit environment that promotes access to responsible mortgage lending. 6  BIS Review 126/2007