Canada
Auteur: International Monetary, International Monetary Fund. Monetary and Capital Markets Department
Nombre de pages: 79 pages
ISBN: 9798229019439
Edition: International Monetary Fund
Date de publication: International Monetary Fund
Description: Canada has a large and highly developed financial system. The banking sector is very concentrated, with six Domestic Systemically Important Banks (D-SIBs) accounting for 94 percent of banks’ assets. The nonbank financial institution (NBFI) sector is large and mainly composed of mutual and pension funds, and insurance firms. The financial sector oversight structure is complex, involving both federal and provincial agencies. The Financial Sector Assessment Program (FSAP) takes place against the backdrop of weak economic growth, increasing trade tariffs, and heightened geoeconomic risks.