One Issue, Two Voices: Systemic Financial Risk
The One Issue Two Voices series presents a dialogue between two leading experts in their fields from Canada and the United States to discuss a policy area of importance to the two countries. Through this dialogue, the Canada Institute seeks to identify areas of convergence and divergence and lay the groundwork for future policy recommendations. In this report, Anita Anand and Steven L. Schwarcz assess the options for mitigating systemic financial risk in both Canada and the United States. The regulatory systems in the two countries provide a unique lens through which to explore systemic risk since the systems are broadly interconnected but also separated by a number of regulatory distinctions.
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Bound by common geopolitical interests and strong economic and cultural ties, Canada and the United States enjoy the world's most successful bilateral relationship. The Wilson Center's Canada Institute is the only public policy forum in the world dedicated to the full spectrum of Canada-U.S. issues. The Canada Institute is a global leader for policymakers, academics and business leaders to engage in non-partisan, informed dialogue about the current and future state of the relationship. Read more