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Financial System Review—2023
A stable and efficient financial system is essential for sustaining economic growth and raising standards of living. In the Financial System Review, the Bank of Canada identifies the key sources of concern for the financial system in Canada and explains how they have evolved over the past year. The structure of the Financial System Review is undergoing a series of changes to more clearly communicate the risks to financial stability. For 2023, the Bank is no longer discussing financial system vulnerabilities and risks separately; these are now combined under several key areas of concern. This approach reduces ... (full story)
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Bank Of Canada’s FSR: Recession Could Mean 'Sizable' Mortgage Losses For Banks
— LiveSquawk (@LiveSquawk) May 18, 2023
-Recent Homebuyers Show Greater Signs Of Financial Stress
-Regional Bank Turmoil Had Limited Spillover