## Canada: Financial Sector Stability Assessment

_IMF Staff Country Reports, February 3, 2014_

## Source details

**Canonical URL:** [Canada: Financial Sector Stability Assessment](https://www.imf.org/en/publications/cr/issues/2016/12/31/canada-financial-sector-stability-assessment-41299)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/canada-financial-sector-stability-assessment-41299/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/canada-financial-sector-stability-assessment-41299/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/canada-financial-sector-stability-assessment-41299/bundle-manifest.json)

## Bibliographic details
- Published: February 3, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781616358006.002

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### Key findings on financial stability
- Canada’s financial system successfully navigated the global financial crisis.
- Stress tests suggest that major financial institutions would continue to be resilient to credit, liquidity, and contagion risks arising from a severe stress scenario.
- Elevated housing prices and high household debt remain an area of concern.
- Targeted prudential and macroprudential measures are proving to be effective.
- The regulatory and supervisory framework is strong and is complemented by a credible federal system of safety nets.

### Areas of concern and vulnerabilities
- Housing market: elevated housing prices.
- Household balance sheets: high household debt.
- Systemic risk channels tested: credit risk, liquidity risk, contagion.

### Policy implications and recommendations
- Continue targeted prudential measures to address household and housing vulnerabilities.
- Maintain macroprudential policy tools that have shown effectiveness.
- Preserve and reinforce a strong regulatory and supervisory framework.
- Maintain credible federal safety nets to support financial stability during severe stress.

*Source: Canada: Financial Sector Stability Assessment (IMF Staff Country Report)*

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## Content in this bundle

- **Canada: Financial Sector Stability Assessment; IMF Country Report 14/29; January 10, 2014**
  - [Canada: Financial Sector Stability Assessment; IMF Country Report 14/29; January 10, 2014 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr1429.pdf.md){rel="alternate" type="text/markdown"}
  - [Canada: Financial Sector Stability Assessment; IMF Country Report 14/29; January 10, 2014 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr1429.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/canada-financial-sector-stability-assessment-41299_