Financial System Review
Published twice a year, the Bank’s Financial System Review (FSR) provides a detailed review of developments in the financial system and an analysis of policy directions in the financial sector.
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (11:30 (ET) approx.).
The high level of household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review (FSR), published today. While these vulnerabilities are still elevated, improving economic conditions and recent changes to housing policy should support an easing of these vulnerabilities over time.