publication . Preprint . Article . 2014

Canada; Financial Sector Stability Assessment

Name: Canada; Financial Sector Stability Assessment
Creator: null International Monetary Fund
Keywords: Canada;mortgage insurance, credit risk, market risk, life insurance, life insurers

null International Monetary Fund;

Open Access

Published: 03 Feb 2014

Summary

Abstract

This report discusses key findings of the Financial Sector Stability Assessment on Canada. Canada’s financial system successfully navigated the global financial crisis, and 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, though 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.

doi: 10.5089/9781616358006.002

Subjects

Medical Subject Headings: health care economics and organizations

free text keywords: Canada;mortgage insurance, credit risk, market risk, life insurance, life insurers

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