The committee includes senior bank supervisors from the Board and relevant Reserve Banks as well as senior Federal Reserve staff from the research, legal, and other divisions at the Board and from the markets and payment systems groups at the Federal Reserve Bank of New York.
Chart 1 Canada’s economy was seriously affected by the crisis but has recovered  Although economic activity in Canada has now fully recovered, and moved well beyond its pre-crisis peak, our economy is in the midst of a difficult rebalancing process and has yet to achieve self-sustaining growth unassisted by exceptionally accommodative monetary policy.