Canada: Financial System Stability Assessment-Update

February 13, 2008

Preview Citation

Format: Chicago

Canada: Financial System Stability Assessment-Update, (USA: International Monetary Fund, 2008) accessed September 18, 2024

Summary

The Canadian financial sector is among the world’s most highly developed. The five large banking groups that form the core of the system are conservatively managed and highly profitable. The stress tests suggest that the large Canadian banks can withstand a broad range of shocks. The current turbulence in global credit markets has affected Canada’s asset-backed commercial paper market. The Canadian Depository Securities Settlement System is sound, efficient and reliable, and it complies with almost all Recommendations for Securities Settlement Systems.

Subject: Asset and liability management, Banking, Credit risk, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Labor, Liquidity, Pensions, Securities, Stress testing

Keywords: A number of bank, Bank merger, Bank provisions, Bank resolution, Bank share ownership, Bank subsidiary, CR, Credit risk, Exchange rate, Financial market, Financial system, Global, ISCR, Liquidity, Pensions, Return on assets, Return on equity, Securities, Share ownership, Stress testing, U.S. dollar

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/059
Stock No:

1CANEA2008001
ISBN:

9781451956856
ISSN:

1934-7685

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