Looking ahead Still, our experience of the past two years makes it clear that the status quo is no longer sufficient. At the Bank of Canada, we must strengthen our frameworks, in terms of both monetary policy and financial stability, to increase the country's capacity to avoid crises to the extent possible and to address shocks when they do occur.
There was a meeting held in August 2011 here in Nairobi to review the progress, besides the various presentations and feedback during the different Ordinary and Extra-ordinary MAC meetings. This attests to the quality of output expected from these two studies.