December 15, 2015
Other Format
December 15, 2015
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins (11:45 (ET) approx.)
Financial System Review - Press Conference (Video) - December 2015
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Financial System Review - December 2015
The Reports section of the Financial System Review examines selected issues of relevance to the Canadian and global financial systems. The December 2015 issue features two reports on significant developments in the financial system related to household finances: the importance of residential mortgage securitization for Canadian housing finance and the changing patterns of indebtedness of Canadian households.
Related Information
December 15, 2015
Bank of Canada says housing vulnerabilities have edged higher, but financial system remains resilient
Vulnerabilities in the housing sector have edged higher, the Bank of Canada said today in its Financial System Review (FSR), while the overall level of risk to Canada’s financial system has remained roughly unchanged since June. The Bank continues to identify two key vulnerabilities related to the Canadian household sector: the elevated level of household […]
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