skip to main content
Briefing

Canada: Banking Sector

Appears in: North America, Finance and Banking, Macroeconomy, Canada, Current Financial Crisis, Real Estate, Real Estate and Mortgage Finance, Systemic Risk, Vulnerabilities and Asset Bubbles

Critical Issues

Background:

Benefiting from tight capital requirements, stringent government restrictions and limited subprime exposure, Canada's leading financial institutions weathered the mortgage crisis. Canada's major banks--including RBC Financial Group, TD Bank Financial Group, Scotiabank and Bank of Montreal--remained solid, buoyed by Tier 1 capital ratios above 10.5%. This strength allowed Canadian banks to keep lending to companies and households through the credit crisis, keeping Canadian credit markets less impaired than in the U.S. and Europe and supporting Canadian domestic demand.

Access to this content is restricted to RGE clients.

If you have a client code, please enter it here to activate your client account.

Click here for a free trial.

Learn About Our Services:

RGE Research

Our dynamic and intuitive macroeconomic research platform keeps you on top of the extraordinary shifts that transform our global economy, allowing users to uncover unique connections and insights. Discover the resource central banks and that 70% of the world's leading hedge funds, asset managers, PE firms, banks and corporations around the world depend on.

Our market strategists build on the work of our macroeconomic research team, incorporating market dynamics to answer crucial questions and generate actionable investment recommendations. RGE's Market Research and Strategy team gives clients actionable insight across six key asset classes:

• Currencies • Commodities
• Credit • Equity • Gov’t Bonds / Rates
• Emerging Markets • Financials
• Cross Asset Model Portfolio

RGE Strategy

Sometimes, reading research is not enough. Many RGE clients participate at the Roubini Direct Access level to gain a deeper understanding of specific issues. Through interactive live sessions, we engage with world-class thinkers, encourage knowledge sharing, idea generation, risk identification and validation of client initiatives.

Learn More »

For information on becoming an RGE Client, please speak with an RGE Representative in New York at +1 212-645-0010, or in London at +44 (0) 207 092 8850, or email americas@roubini.com for the Americas, europe@roubini.com for Europe, the Midddle East and Africa, and asia@roubini.com for Asia/Pacific.

Associated Readings

Analysis IMF M. Estevão et al May 22, 2009 Canada: Selected Issues -- Canadian Banks and the Credit Turmoil, Canadian Residential Mortgage Markets: Boring But Effective? Is the Canadian Housing Market Overvalued? A Tale of Two Regions Analysis BMO Capital Markets Sherry Cooper Mar 02, 2009 Canadian Banks: A More Prudent Society Analysis TD Bank Financial Craig Alexander Feb 24, 2009 Why Canada’s Banks Have Fared Better Than Their International Peers During The Credit Crunch News Financial Times Cheryl Thompson, Mark Eissman and Divya Balji Nov 17, 2008 Canadian banks well-positioned to make buys in US and Europe Analysis C.D. Howe Institute Alexandre Laurin Nov 14, 2008 International Policy Responses to the Financial Crisis: A Canadian Perspective

Publications

Our Research
?

Our Thoughts
?

Outlook Center
?

Central Bank Watch
?

Key Views
?

Scenario Analysis
?
RGE Clients can activate their account by updating Manage My Account

Top 10 Most Read

Global Macro-Market Outlook
1. Macro-Market Overview: May 2013
Our Research
2. The Battle for Crude Oil’s Risk Premium
Our Research
3. Europe’s Playbook for Financial Crises
Our Thoughts
4. The fall in China’s Flash PMI and 2013 growth prospects
Our Research
5. Debt and Deleveraging: Will China Turn Japanese?
Our Thoughts
6. The challenging outlook for North Africa's oil importers
Our Research
7. The Eurozone Malaise: From Economic Causes to Market Implications
Our Thoughts
8. More thoughts and observations from Japan's Q1 GDP numbers last week
Our Research
9. Recent U.S. Data Signals Suggest Slow and Steady Activity
Our Thoughts
10. The new members of the Swedish Riksbank's Executive Board

ROUBINI FEEDBACK FORUM

What Do You Think?
Weigh in on Roubini.com's new look or report any problems you encounter.

Website Feedback Content Feedback