May 9, 2024
An assessment of potential risks to the stability of Canada's financial system.
Receive notification by email whenever new publications are added to the website.
Financial System Hub
Promoting a stable and efficient financial system.
Latest publications
May 18, 2023
Financial System Review—2023
The adjustment to higher interest rates is exposing vulnerabilities in the global financial system. Recent banking sector stresses serve as a reminder that risks can arise and spread quickly. Key areas of concern are bank funding, liquidity in fixed income markets, and households’ ability to service their debts. Other financial system concerns relate to cyber attacks, climate change and cryptoasset markets.
Content Type(s):
Publications,
Financial Stability Report
June 9, 2022
Financial System Review—2022
Tiff Macklem,
Carolyn Rogers,
Timothy Lane,
Lawrence L. Schembri,
Paul Beaudry,
Toni Gravelle,
Sharon Kozicki
The Canadian financial system remains resilient, but vulnerabilities have become more complex and risks have grown. The Bank is carefully watching households’ high levels of mortgage debt, as well as the risks associated with a price correction in Canada’s housing market.
Content Type(s):
Publications,
Financial Stability Report
May 20, 2021
Financial System Review Summary—2021
The Canadian financial system proved resilient during the COVID-19 pandemic—thanks to strong risk management and unprecedented fiscal and monetary policy support.
Content Type(s):
Publications,
Financial Stability Report
May 20, 2021
A stable and efficient financial system is essential for sustaining economic growth and raising living standards. In our Financial System Review, we identify the main vulnerabilities and risks in the financial system in Canada and explain how they have evolved over the past year.
Financial System Review—2021
Content Type(s):
Publications,
Financial Stability Report