Canada’s financial system is in a relatively good place to weather any potential storms generated by a weakening global economy and the U.S.-China trade war, a top Bank of Canada official said on Tuesday. Senior Deputy Governor Carolyn Wilkins said the central bank is not forecasting a recession at home or world-wide, but reiterated the global economy is facing immense challenges that could spill over into Canada. “In the unlikely event of a storm, Canada’s financial system is resilient and we are in a good position to deal with whatever comes our way,” Wilkins told a business audience in Montreal, adding recent ... (full story)