December 15, 2015
Release of the Financial System Review
Press conference following the release of the Financial System Review.
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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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Press,
Press releases
December 15, 2015
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.
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Publications,
Financial Stability Report
December 8, 2015
Bank of Canada updates framework for unconventional monetary policy measures
The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of unconventional monetary policy measures, Governor Stephen S. Poloz said. “We don’t need unconventional policies now, and we don’t expect to use them. However, it’s prudent to be prepared for every eventuality,” Governor Poloz said […]
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December 8, 2015
Prudent Preparation: The Evolution of Unconventional Monetary Policies
Governor Poloz speaks about the Bank’s updated framework for unconventional monetary policies.