Stephen S Poloz: Release of the Financial System Review Opening statement by Mr Stephen S Poloz, Governor of the Bank of Canada, at the press conference following the release of the Financial System Review, Ottawa, Ontario, 16 May 2019. * * * Good morning, and thank you for being here today.
Senior Deputy Governor Wilkins and I are pleased to be with you to talk about the latest issue of the Bank of Canada’s Financial System Review (FSR), which we published today. Let me quickly remind everyone about the purpose of the FSR—to identify key vulnerabilities in the financial system that can interact with and magnify economic shocks.