Canada : Financial Sector Assessment Program-Stress Testing-Technical Note

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

March 7, 2014

Electronic Access:

Free Full text (PDF file size is 1285 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper examines the stress testing module of the 2013 Financial Sector Assessment Program (FSAP) update for Canada. The IMF report highlights the three major segments of the domestic financial covered during the stress tests. The bank solvency stress tests suggest that while all banks would fall below the Canadian “all-in” Common Equity Tier 1 (CET1) supervisory threshold during severe economic distress, the resulting recapitalization needs are manageable. This IMF report provides recommendations for the Canadian authorities, derived from this joint exercise, to enhance the individual components of their stress testing framework.

Series:

Country Report No. 14/69

Subject:

English

Publication Date:

March 7, 2014

ISBN/ISSN:

9781475523096/1934-7685

Stock No:

1CANEA2014007

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

101

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