IMF Staff Country Reports

Canada: Selected Issues

May 22, 2009

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Canada: Selected Issues, (USA: International Monetary Fund, 2009) accessed November 21, 2024

Summary

This Selected Issues paper on Canada examines economic development and policies. Capital ratios before the crisis have been a key determinant of bank performance during the turmoil; and Canadian banks had ample capital. Specifically, most banks with critically low capital at end-2006 later experienced dramatic equity value declines, and many had to be rescued. Regulatory and structural factors contributed to the resilience of Canadian banks by reducing their incentives to take risks.

Subject: Banking, Commodities, Commodity prices, Financial crises, Financial institutions, Housing prices, Mortgages, Prices

Keywords: Africa, Bank, Bank Fundamentals, Canada, Capital injection, Commodity, Commodity exporter, Commodity price, Commodity prices, Commodity-price cycle, CR, Global, House price, Housing prices, ISCR, Lending standard, Mortgages, Price, Rate

Publication Details

  • Pages:

    19

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2009/163

  • Stock No:

    1CANEA2009002

  • ISBN:

    9781451807097

  • ISSN:

    1934-7685