Financial System Review - Press Conference (Audio) - December 2014
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins (11:15 (ET) approx.)
December 10, 2014
Bank of Canada says household imbalances remain most important risk to financial stability
Risks to Canada’s financial system have not increased in the past six months, but high consumer debt loads and imbalances in the housing market remain a concern, the Bank of Canada said today in itsbiannual Financial System Review (FSR). “We judge that the probability of an adverse shock has eased since our June FSR,” said […]