Blogs are opinion pieces and reflect their author’s views
Getting Financial Regulations Right: Avoiding Unintended Effects
Canada’s financial system made it through the 2008 global financial crisis better than many other economies did, but Canadian regulators nonetheless hastened to introduce a spate of new regulations to increase financial stability. However, all new regulations create effects, intended and unintended, and the process in Canada for assessing the impact of new regulations is not as useful as it could be.