Financial System Review

  • December 21, 2008

    Financial System Review - December 2008

    Financial System Review - December 2008
    The turmoil in global financial markets entered a new phase in September, moving to a more acute and broad-based loss of confidence in the context of a series of failures and near-failures of large financial institutions in the United States and Europe.

    FSR Highlights - December 2008

  • June 21, 2008

    Financial System Review - June 2008

    Financial System Review - June 2008

    Although there has been some improvement in conditions over the past several weeks, strains in global credit markets have broadened since December.

    FSR Highlights - June 2008

    Errata: Some factual errors in the June report "Bank of Canada Oversight Activities during 2007 under the Payment Clearing and Settlement Act" have been corrected. They concern (i) clarification of the U.S. Federal Reserve as lead overseer of CLS Bank and (ii) the steps taken by CDS on 14 August 2007 to assist issuers and participants holding defaulted ABCP.

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