Tag: System

Financial System Review Summary – 2019

Risk slightly higher, but the system remains resilient The overall risk to the Canadian financial system has increased slightly since our last assessment in June 2018. This increase is due to a slowdown in economic growth, caused in part by global trade policy uncertainty, last year’s oil price decline, ongoing difficulties in the energy sector…

Release of the Financial System Review

Good morning, and thank you for being here today. Senior Deputy Governor Wilkins and I are pleased to be with you to talk about the latest issue of the Bank of Canada’s Financial System Review (FSR), which we published today. Let me quickly remind everyone about the purpose of the FSR—to identify key vulnerabilities in…