May 28, 2026 Release of the Financial Stability Report Opening statement Carolyn Rogers, Toni Gravelle Ottawa, Ontario Press conference following the release of the Financial Stability Report. Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Financial system, Financial markets, Financial stability
May 28, 2026 Financial Stability Report—2026—In focus—repo markets Repo markets are crucial for the functioning of government bond markets. They are also an important source of short-term funding. But their size and widespread use mean they can transmit financial stress if conditions deteriorate.
May 28, 2026 Financial Stability Report—2026—Non-financial businesses Canadian businesses remain in good financial shape overall, but risks are building. Trade uncertainty and geopolitical tensions could create new stress for some firms.
May 28, 2026 Financial System Survey highlights—2026 This article presents the key results from the 2026 Bank of Canada Financial System Survey, conducted between February 23 and March 13. The survey included a special section on the use and risks of artificial intelligence (AI). Content Type(s): Publications, Financial System Survey
May 28, 2026 Financial Stability Report—2026—In focus—A financial market correction could worsen the effects of an oil shock The war in the Middle East has pushed up oil prices, putting pressure on inflation. In a situation where geopolitical tensions trigger a severe tightening in financial conditions, the resilience of the financial system could be tested.
May 28, 2026 Financial Stability Report—2026 Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Nicolas Vincent, Michelle Alexopoulos Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability. Content Type(s): Publications, Financial Stability Report
May 28, 2026 Financial Stability Report—2026—Households Overall, Canadian households have proven resilient. But debt levels are elevated, and some pockets of stress remain. The potential impact on employment from ongoing trade uncertainty and geopolitical conflicts is a key concern.
May 28, 2026 Financial Stability Report—2026—Non-bank financial intermediaries Hedge funds have continued to increase their repo borrowing. While their activity supports market efficiency and liquidity, it could leave fixed‑income markets more vulnerable to the risk of a sudden sell‑off.
May 28, 2026 Release: Financial Stability Report and Financial System Survey 10:00 (ET) An assessment of potential risks to the stability of Canada's financial system. The Governor and Senior Deputy Governor will hold a press conference at 11:00 to discuss the contents of the Report. Content Type(s): Upcoming events
May 28, 2026 Financial Stability Report—2026—Banks Canada’s large banks have grown more resilient. They remain well positioned to support the economy and the financial system even if conditions deteriorate.