Summary of Canada – Financial Sector Stability Assessment

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Canada – Financial Sector Stability Assessment summary
Start getting smarter:
or see our plans




  • Analytical
  • Innovative
  • Scientific


While many of the world’s developed economies nearly melted down in 2008, Canada kept its cool, insulated by its sensible macroeconomic and banking oversight, and the high prices it collects for the resources extracted from beneath its chilly soil. Today, Canada remains a global economic and financial power; only the envious would call that dull. The IMF recognizes Canada’s stellar performance but marks its report card with an A-minus: It needs to watch out for property bubbles and rising household debt. getAbstract suggests this dry but informative report on a thriving economy to investors, financial professionals and regulators.

About the Author

The International Monetary Fund provides advice and financing to member states during economic difficulties and works to reduce poverty in developing nations.



Canada’s financial system was one of the very few to emerge from the 2008 global crisis with its structure intact. Its banks remain profitable and have ample resources. The Canadian economy should grow by about 2.25% in 2014 compared to 1.7% in 2013; unemployment should average around 6.5% in the medium term; and inflation should close in on the Bank of Canada’s target rate of 2% by the end of 2015.

Stress tests on Canadian banking, insurance and securities markets suggest that the country’s systemically important financial institutions...

More on this topic

Customers who read this summary also read

From Wall Street to Bay Street
The Financial Crisis and the Free Market Cure
Who Needs Bonds Anyway?
Too Smart for Our Own Good
Investment Banking Explained

Related Channels

Comment on this summary