Canada: Financial System Stability Assessment-Update
IMF Staff Country Reports, February 13, 2008
Source details
- Canonical URL
- Canada: Financial System Stability Assessment-Update
Other formats
Bibliographic details
- Published: February 13, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451956856.002
Overview and Main Findings
- 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.
- 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 Areas and Key Topics
- 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 and Technical Terms
- 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
Content in this bundle
- Canada: Financial System Stability Assessment - Update; IMF Country Report 08/59; January 15, 2008