Canada: Financial Sector Assessment Program-Stress Testing-Technical Note
Electronic Access:
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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. 2014/069
Subject:
Banking Credit Credit risk Financial institutions Financial regulation and supervision Financial sector policy and analysis Loans Money National accounts Personal income Stress testing
English
Publication Date:
March 7, 2014
ISBN/ISSN:
9781475523096/1934-7685
Stock No:
1CANEA2014007
Pages:
101
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