Canada : financial sector assessment program, intensity and effectiveness of federal bank supervision in Canada, technical note. /
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Corporate author / creator: | International Monetary Fund, author. |
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Imprint: | Washington, District of Columbia : International Monetary Fund, 2014. ©2014 |
Description: | 1 online resource (28 pages) : illustrations (some color) |
Language: | English |
Series: | IMF Staff Country Reports IMF Staff Country Reports. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12502881 |
Summary: | This paper evaluates Financial Sector Assessment Program (FSAP) intensity and effectiveness of Federal Bank supervision in Canada. The IMF report highlights that a key element of effective supervision is a willingness to increase supervisory pressure promptly when a supervisor identifies weaknesses in an institution. The IMF funding for Canadian banks is primarily through deposits and lending focuses on traditional bank products in Canada in the personal and commercial sectors. It also highlights that one of the key characteristics of Canada is a government housing policy that has contributed to a very safe and liquid residential mortgage finance system. |
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Physical Description: | 1 online resource (28 pages) : illustrations (some color) |
Bibliography: | Includes bibliographical references. |
ISBN: | 9781484331910 1484331915 9781475573480 |