OTTAWA – The November issue of the Financial System Review will be released on Tuesday, November 28, 2017.

Description

The Financial System Review (FSR) features the following sections:

Assessment of Vulnerabilities and Risks: This section summarizes the Governing Council’s judgment on the main vulnerabilities and risks to the stability of the Canadian financial system and highlights the efforts of the Bank and other Canadian and international regulatory authorities to mitigate those risks. After a brief survey of macrofinancial conditions, the principal vulnerabilities and risks are examined.

Reports: The following featured reports examine, in greater depth, selected issues of relevance to the financial system:

  • Analysis of Household Vulnerabilities Using Loan-Level Mortgage Data
  • Shoring Up the Foundations for a More Resilient Banking System: The Development of Basel III
Time

10:30 (Eastern Time)

Lock-Up

At 8:00 (ET), journalists are invited to review the FSR, under embargo, at the Bank’s head office in Ottawa (please use the Bank of Canada Museum entrance, located at 30 Bank Street, on the corner of Bank and Wellington), as well as at the regional offices in Toronto (Boardroom, 20th Floor, 150 King Street West) and Montréal (Salle Bernard-Bonin, 20th Floor, 1501 McGill College Avenue). Please be sure to have your press card with you.

For security reasons, those wishing to attend must confirm their presence by calling Media Relations at 613-782-8782 before noon (ET) on Monday, November 27, 2017. Journalists who have not registered WILL NOT BE ADMITTED to the lock-up.

At 09:00 (ET), senior Bank officers will provide background information and respond to questions on the content of the FSR. Information gathered at the session may be used freely in news reports and commentaries, provided it is not attributed to the Bank or its officers. Electronic recording is not permitted.

At 10:30 (ET), the lock-up ends and the embargo is lifted.

Distribution

The Financial System Review will be available:

  • at 10:30 (ET) on the Bank’s website
  • between 10:30 and 11:30 (ET) on CNW Group
Press Conference

At 11:30 (ET), Stephen S. Poloz, Governor of the Bank of Canada, will hold a press conference in the Bank of Canada’s auditorium. He will be accompanied by Senior Deputy Governor Carolyn A. Wilkins.

For security reasons, all media must register with the Bank in advance to attend the press conference. To register, please contact Media Relations before noon (ET) on Monday, November 27, 2017 at 613-782-8782. Journalists, camera operators and still photographers who have not registered WILL NOT BE ADMITTED to the press conference.

Media are asked to arrive via the Bank of Canada Museum entrance, located at 30 Bank Street, on the corner of Bank and Wellington. Please be sure to have your press card with you.

Broadcasters needing to set up equipment will be granted access beginning at 10:30 (ET).

Webcast

Audio and video webcasts of the press conference will be accessible from the Bank’s website.

Note

For more information, please contact Media Relations at 613-782-8782.