The Bank of Canada Releases the December Issue of the Financial System Review

OTTAWA, Dec. 10, 2015 /CNW/ - The December issue of the Financial System Review will be released on Tuesday, 15 December 2015.

 

Time:

11:00 (Eastern Time)


Description:

The Financial System Review features the following sections:



Risk Assessment: This section of the Financial System Review (FSR) outlines the Governing Council's evaluation of the key risks to the Canadian financial system. After a brief survey of macrofinancial conditions, the principal risks are examined. The objective of the FSR is not to predict the most likely outcomes for the financial system but to raise early awareness of key risks and promote mitigating actions.


Reports: This issue features the following reports, which examine, in greater depth, selected issues of relevance to the financial system:

  • Residential Mortgage Securitization in Canada: A Review
  • Indebted Households and Potential Vulnerabilities for the Canadian Financial System: A Microdata Analysis

Lock-Up:

At 9:00 (ET), journalists are invited to review the Financial System Review, under embargo, at the Bank's head office in Ottawa (please use the entrance at 151 O'Connor Street) and at the regional offices in Toronto (150 King Street West, 20th Floor) and Montréal (1501 McGill College Avenue, Salle Bernard-Bonin). Please be sure to have your press card with you.



For security reasons, those wishing to attend must confirm their presence by calling Media Relations at 613-782-8782 before noon (ET) on Monday, 14 December 2015. Journalists who have not registered WILL NOT BE ADMITTED to the lock-up.



At 9:30 (ET), senior Bank officers will provide background information and respond to questions on the content of the FSR. Information gathered at the session may be used freely in news reports and commentaries, provided it is not attributed to the Bank or its officers. Electronic recording is not permitted.



At 11:00 (ET), the lock-up ends and the embargo is lifted.


Distribution:

The Financial System Review will be available:

  • at 11:00 (ET) on the Bank's website
  • between 11:00 and 12:00 (ET) on CNW Group

Press Conference:

At 11:45 (ET), Stephen S. Poloz, Governor of the Bank of Canada, will hold a press conference at the National Press Theatre, 150 Wellington Street, Ottawa. He will be accompanied by Senior Deputy Governor Carolyn Wilkins.


Webcast:

Audio and video webcasts of the press conference will be accessible from the Bank's website.


Note: 

For more information, please contact Media Relations at 613-782-8782. 

 

SOURCE Bank of Canada

For further information: Media Relations at 613-782-8782

RELATED LINKS
http://www.bank-banque-canada.ca

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