Financial System Hub articles

• March 24, 2020

  COVID-19: Actions to Support the Economy and Financial System

  Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system.

  Content Type(s): Publications, Financial System Hub articles
• July 11, 2019

  IMF Financial System Stability Assessment for Canada

  The International Monetary Fund’s comprehensive analysis of the Canadian financial system increases awareness and encourages discussion and debate. The IMF consulted with the Bank of Canada and other Canadian authorities, but the report is an independent assessment and does not represent the views of the Bank.

  Content Type(s): Publications, Financial System Hub articles
• July 11, 2019

  A Resolution Regime for Financial Market Infrastructures

  Canada’s most important payment clearing and settlement systems now have a resolution regime. As resolution authority, the Bank of Canada has new powers to protect the stability of the Canadian financial system in the unlikely event an FMI fails.

  Content Type(s): Publications, Financial System Hub articles
• November 14, 2018

  Financial System Resilience and House Price Corrections

  Thibaut Duprey, Xuezhi Liu, Cameron MacDonald, Maarten van Oordt, Sofia Priazhkina, Xiangjin Shen, Joshua Slive, Virginie Traclet

  We use models to better understand and assess how risks could affect the financial system. In our hypothetical scenario, a house price correction and elevated financial stress weigh on the economy. An increased number of households and businesses have difficulty repaying loans. Nonetheless, the large banks remain resilient.

  Content Type(s): Publications, Financial System Hub articles