Preparations by the Canadian Financial Sector for the Year 2000

Clyde Goodlet
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Clyde Goodlet: Bank of Canada, https://www.bankofcanada.ca/

Bank of Canada Review, 1999, vol. 1999, issue Summer, 47-50

Abstract: This article outlines the extensive work undertaken by the various participants in Canada's financial sector to ensure "business as usual" heading into January 2000 and beyond. The article looks at preparations in the Bank of Canada's own mission-critical systems and at those of the countryís major clearing and settlement systems for which the Bank has oversight responsibility. It also looks at the steps taken by the financial institutions themselves. Contingency planning that takes account of specific year-2000 concerns is also reviewed.

Date: 1999
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