Canada : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

May 22, 2009

Electronic Access:

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Summary:

This Selected Issues paper on Canada examines economic development and policies. Capital ratios before the crisis have been a key determinant of bank performance during the turmoil; and Canadian banks had ample capital. Specifically, most banks with critically low capital at end-2006 later experienced dramatic equity value declines, and many had to be rescued. Regulatory and structural factors contributed to the resilience of Canadian banks by reducing their incentives to take risks.

Series:

Country Report No. 09/163

Subject:

English

Publication Date:

May 22, 2009

ISBN/ISSN:

9781451807097/1934-7685

Stock No:

1CANEA2009002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

19

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