Financial System Review
A detailed review of developments in the financial system and an analysis of policy directions in the financial sector. Published twice a year.
8 December 2011
In this issue of the Financial System Review, the Bank of Canada’s Governing Council judges that the risks to the stability of Canada’s financial system are high and have increased markedly over the past six months, owing primarily to an escalation of the sovereign debt crisis in the euro area and a weaker global economic outlook.
The data for Chart 7 on page 8 were plotted incorrectly. See revised chart
22 June 2011
In this issue of the Financial System Review, the Bank of Canada’s Governing Council judges that, although the Canadian financial system is currently on a sound footing, risks to its stability remain elevated and have edged higher since December 2010.