The Bank of Canada should focus monetary policy on inflation, not systemic risk, according to a new report released today by the C.D. Howe Institute. In “Securing Monetary and Financial Stability…
In the wake of a series of crises, international and domestic financial regulation has become highly complex and prescriptive, but doesn’t address the fundamental issues behind the crises,…
After years of “mission creep” at Canada’s Crown financial corporations, their activities have expanded far beyond their original mandates and need reassessment, according to a new report from the…
Financial regulators should turn their attention to the potential threats to financial stability lurking in the shadow banking system, according to a report released today by the C.D. Howe…
Canada needs a policy framework and new governance structure beyond what is in place to reduce the potential for future financial crises, according to Paul Jenkins, former Senior Deputy Governor,…
Regulators considering reforms to the asset-backed securities (ABS) market should look beyond transparency requirements in their efforts to improve investor comfort in the ABS market, says a…