E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T23:13:45+00:00How well can large banks in Canada withstand a severe economic downturn?
https://www.bankofcanada.ca/2022/05/staff-analytical-note-2022-6/
We examine the potential impacts of a severe economic shock on the resilience of major banks in Canada. We find these banks would suffer significant financial losses but nevertheless remain resilient. This underscores the role well-capitalized banks and sound underwriting practices play in supporting economic activity in a downturn.2022-05-24T15:00:17+00:00enHow well can large banks in Canada withstand a severe economic downturn?2022-05-24