financial regulation
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 […]
After the 2008 financial crisis, Canada was recognized as having developed a strong framework for financial regulation that enabled it to avoid the mortgage crisis that wreaked havoc in the United States and Europe. While Canada weathered the 2008 financial crisis better than most other wealthy, industrialized democracies, the reform process in the aftermath of […]