Canada: Financial System Stability Assessment-Update
Electronic Access:
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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.
Series:
Country Report No. 2008/059
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
Frequency:
Monthly
English
Publication Date:
February 13, 2008
ISBN/ISSN:
9781451956856/1934-7685
Stock No:
1CANEA2008001
Pages:
66
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