[Deputy Governor of the Bank of Canada: Canadian financial institutions do not need to worry about using standing liquidity tools to obtain overnight liquidity] On September 30, the Deputy Governor of the Bank of Canada stated that Canadian financial institutions do not need to worry about using standing liquidity tools to obtain overnight liquidity. The Bank of Canada and the Financial Supervisory Authority of Canada (OSFI) have issued a joint statement stating that the use of the Standing Liquidity Facility (SLF) to meet overnight liquidity needs is not considered an unusual event or signal of stress. SLF is a regular tool that any Lynx payment system member can use with confidence. More aggressive use of two-cycle repo operations could mean that reserves sometimes exceed the central bank's best estimate of steady-state demand. This demand is currently expected to remain between 50 billion and 70 billion Canadian dollars.