Cover IMF Staff Country Reports
Buy Book in Print
Canada: Financial Sector Assessment Program-Stress Testing-Technical Note
Author:
International Monetary Fund. Monetary and Capital Markets Department
Search for other papers by International Monetary Fund. Monetary and Capital Markets Department in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2014: Issue 069
Language:
English
Publication Date:
07 Mar 2014
DOI:
https://doi.org/10.5089/9781475523096.002
ISBN:
9781475523096
ISSN:
1934-7685
Pages:
101
Keywords:
ISCR; CR; net income; base year; liquidity risk; income statement; interest rate; balance sheet; capital ratio; credit loss; Personal income; Stress testing; Credit risk; Credit; Loans; Europe; Global
Download PDF (17.1 MB) Download Epub
This paper examines the stress testing module of the 2013 Financial Sector Assessment Program (FSAP) update for Canada. The IMF report highlights the three major segments of the domestic financial covered during the stress tests. The bank solvency stress tests suggest that while all banks would fall below the Canadian “all-in” Common Equity Tier 1 (CET1) supervisory threshold during severe economic distress, the resulting recapitalization needs are manageable. This IMF report provides recommendations for the Canadian authorities, derived from this joint exercise, to enhance the individual components of their stress testing framework.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund