May 18, 2023
A detailed review of developments in the financial system.
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Financial System Hub
Promoting a stable and efficient financial system.
Latest publications
June 9, 2022
Financial System Review—2022
Tiff Macklem,
Carolyn Rogers,
Timothy Lane,
Lawrence L. Schembri,
Paul Beaudry,
Toni Gravelle,
Sharon Kozicki
The Canadian financial system remains resilient, but vulnerabilities have become more complex and risks have grown. The Bank is carefully watching households’ high levels of mortgage debt, as well as the risks associated with a price correction in Canada’s housing market.
Content Type(s):
Publications,
Financial System Review
May 20, 2021
Financial System Review Summary—2021
The Canadian financial system proved resilient during the COVID-19 pandemic—thanks to strong risk management and unprecedented fiscal and monetary policy support.
Content Type(s):
Publications,
Financial System Review
May 20, 2021
A stable and efficient financial system is essential for sustaining economic growth and raising living standards. In our Financial System Review, we identify the main vulnerabilities and risks in the financial system in Canada and explain how they have evolved over the past year.
Financial System Review—2021
Content Type(s):
Publications,
Financial System Review
May 14, 2020
Financial System Review Summary—2020
Stephen S. Poloz,
Carolyn A. Wilkins,
Timothy Lane,
Lawrence L. Schembri,
Paul Beaudry,
Toni Gravelle
This issue of the Financial System Review focuses on the impact of COVID 19. The pandemic presents an unprecedented shock to the Canadian economy. This report identifies the effects on the Canadian financial system and explains how recent actions by the Bank and other policy-makers are helping to manage them. It further describes how a resilient financial system can help households and businesses smooth the effects of the COVID-19 shock and prepare for a robust recovery.
Content Type(s):
Publications,
Financial System Review