Canada : Financial System Stability Assessment-Update

1CANEE2008001 Image
Price:  $0.00

Release Date: © February, 2008
ISBN : 978-1-45279-295-8
Stock #: 1CANEE2008001

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes
ePubYes
MobipocketYes

Description

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.

Taxonomy

Financial system stability assessment , International financial system




More publications in this series: IMF Staff Country Reports