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8966 Results

June 23, 2004

Financial System Review - June 2004

Financial System Review - June 2004
This section of the Financial System Review examines the recent performance of the Canadian financial system and the factors, both domestic and international, that are influencing it. In each issue, one or more subjects of particular interest are discussed as highlighted topics.
June 16, 2004

Governor Dodge Discusses How Canada Is Adjusting to Changes in the Global Economy

The Canadian economy is well placed to adjust to the major changes underway in the world economy, Bank of Canada Governor David Dodge said today. While Canada has adopted the right policies to allow its economy to adjust to changing forces, it should continue its efforts to prepare for new opportunities and challenges, the Governor said.
Content Type(s): Press, Press releases

Competition in Banking: A Review of the Literature

Staff Working Paper 2004-24 Carol Ann Northcott
The author reviews the theoretical and empirical literature to examine the traditional perception that the following trade-off exists between economic efficiency and stability in the banking system: a competitive banking system is more efficient and therefore important to growth, but market power is necessary for stability in the banking system.
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