Sentences with phrase «canadian financial system»

The sanctions programs generally involve cutting off access to the Canadian financial system by prohibiting transactions, the provision of services and sometimes goods, and dealing in any property of sanctioned people and entities.

The Bank of Canada said digital currencies have the potential to alter the fundamental payments architecture around the world, hence they could pose risks to individuals and the Canadian financial system as a whole.

The USTR would like better access to the Canadian financial system.

Household indebtedness and housing market imbalances — the most important vulnerabilities for the Canadian financial system — have moved higher over the past six months, the Bank of Canada said today in its Financial System Review (FSR).

A recent survey of Canadian chartered financial analysts indicates a strong confidence in the Canadian financial system — but also a skepticism about the ethical integrity of our financial advisers, who ranked only slightly above hedge fund managers for «integrity.»

Thank you for the opportunity to make a submission on the impact of the housing market on the Canadian Financial System and challenges surrounding access to residential home ownership.

The following submission is in response to the Standing Committee on Finance's comprehensive study of issues surrounding the Canadian residential real estate market; the impact of the housing market on the Canadian Financial System and challenges surrounding access to residential home ownership.

The Governing Council judges that the risks to the Canadian financial system have decreased somewhat relative to the December FSR, but that the overall level of risk remains high.

«Smaller, stand - alone payment systems for which there are many substitutes — like bitcoin — should generally require much less intensive oversight and regulation because they pose much less risk to the Canadian financial system as a whole,» Deslongchamps told the news publication.

No, he went further and argued that the traditional separation of functions in the Canadian financial system were coming apart with or without government policy changes.

Specifically, it says the Bank can «buy and sell any other securities, treasury bills, obligations, bills of exchange or promissory notes, to the extent determined necessary by the Governor for the purpose of promoting the stability of the Canadian financial system.»

Specifically, the proposed wording gives the Bank the power to purchase any securities or «other instrument «it likes «for the purposes of conducting monetary policy or promoting the stability of the Canadian financial system.»

But structural strengths and regulatory awareness mean the Canadian financial system is far sounder than its neighbor's before the crisis.

However, an assessment of the vulnerability of the Canadian financial system should, among other factors, account for the ability of Canadian financial institutions to withstand losses from the household sector.

Both of these differences may help to explain why the Canadian financial system and macroeconomy were less affected by the global financial crisis than the United States.

Not exact matches

Pretty much from his first statements as governor in 2013 — that's about $ 100,000 ago in real estate appreciation terms — through to last week when the bank released its latest financial system review, Poloz has walked a tightrope between admitting that elevated house prices and debt levels pose a risk to the economy, and assuring Canadians that the likelihood of a crash is actually pretty low.

No major Canadian institutions toppled, but sector stocks were hammered as national governments collectively spent trillions to save the financial system from itself.

OTTAWA — An overbuilt and overpriced condominium market is posing a risk to Canadian households, banks and the economy in general, the Bank of Canada warned Thursday in its latest review of the health of the country's financial system.

First, I want to emphasize for members of the House, and Canadians watching at home, that the Financial System Review Act is a mandatory and routine legislation.

If an independent third party could delve into the charities» financials and come up with a fair and easy - to - use ratings system, Canadians would be more likely to direct the $ 14 billion that they donate every year to the charities that most deserve their money.

In the next breath, however, Harper added: «It should not matter who delivers health care, whether it is private, profit, not - for - profit or public, as long as Canadians have access to those services through the public insurance system regardless of their financial needs.

Canadian Finance Minister Paul Martin will chair the Group of 20 (G20)-- a new organization of industrial and emerging nations that will work to improve the world financial system.

In «Opening up New Trade Routes for Financial Services: Canada's Priorities,» authors Daniel Schwanen, Dan Ciuriak and Jeremy Kronick provide, for the first time, a ranking system to assess the best potential markets for Canadian financial services firms to either deliver services directly across borders or deliver them by investing and operating in thoseFinancial Services: Canada's Priorities,» authors Daniel Schwanen, Dan Ciuriak and Jeremy Kronick provide, for the first time, a ranking system to assess the best potential markets for Canadian financial services firms to either deliver services directly across borders or deliver them by investing and operating in thosefinancial services firms to either deliver services directly across borders or deliver them by investing and operating in those markets.

Canadian businesses, FINTRAC and police and national security agencies all have a role to play in creating a hostile environment for those who seek to abuse our financial system or threaten the safety of Canadians.

«Canadian Financial Regulation: A System in Transition,» C.D. Howe Institute Commentary 78, by Edwin H. Neave (March).

In «Comparing Nest Eggs: How CPP Reform Affects Retirement Choices,» authors Alexandre Laurin, Kevin Milligan and Tammy Schirle find that once the interaction of these age - based CPP adjustments with the tax system is taken into account, some lower - income Canadians will still have financial incentive to retire early, because they face penalties if they don't.

Access to Canadian Western Bank's E-Pay System — allowing you to transfer money to bank accounts with other financial institutions.

Follow - up posts described historical experiences and compared the relative stability of the US and Canadian 19th century branching systems: Canadian banks demonstrated a much higher level of financial resilience thanks to their ability to open branches nationwide, compared to the great instability and recurrent crises experienced by large US state banks — whose ability to open branches in other states or districts was severely constrained by law — and later «unit» banks, which were not allowed to open branches altogether.

«Today's record level of household borrowing reflects the evolution of the financial system and the comfort level of Canadians in taking on debt,» Poloz said.

Canadian household debt was 167 per cent of income in the second quarter, a level that the central bank considers a threat to financial stability because a wave of personal bankruptcies and home foreclosures could cripple the banking system.

For their analysis, the researchers used RETScreen, a free clean energy software package developed by the Canadian government, along with the typical energy considerations to determine the financial savings from the heating systems over the course of 22 years.

Not only will a more stringent stress test be put in place for those seeking or renewing a mortgage, but the Bank of Canada's November Financial System Review, issued this week, raised another complicating factor; that being, nearly one in two Canadian mortgage holders is set to renew their mortgage in the next 12 months and will face higher rates.

If the global financial system collapses, if the Canadian dollar becomes worthless, or if the Harper government confiscates your land then, sure, you can exchange the bullion in your safety deposit box for canned beans and ammunition.

Canadian banks recognized immediately that such a system would violate all manner of federal and provincial financial privacy rules, and violate non-discrimination statutes in the Charter.

Increased capital targets are consistent with Canadian and international industry trends and makes the financial system more stable and resilient.

«CMHC's capital holdings reduce Canadian taxpayers» exposure to the housing market and contribute to the long term stability of the financial system.»

We are very concerned that Canadian investors do not understand the extent of the coming housing and mortgage problems and its effects on the Canadian economy and financial system.

The mutual fund newsletter was meant to be a clear online collaborative where both fundcos can get their news, information and release created or amplified to an important Canadian financial consumer base and to and through The Advisor Channel where the independent mutual fund advisors and representatives sell all or most funds and serves the client directly as opposed to a common retail bank mutual funds system.

Alain's TFSA currently holds 24 stocks, including Canadian Tire, CGI Group, Nemaska Lithium Inc., Gilden Activewear, Power Financial Inc., Old Republic International Corp., MTY Food Group Inc., Richelieu Hardware Ltd., New Look Vision Group, Enghouse Systems Ltd., and several more.

Canadian Institutions and Financial Sector Automation Description: Information on the payment systems of major Canadian institutions.

After more than ten years of financial and technical support from the Canadian International Development Agency (CIDA), a sewer system for Belize City was completed in the 1980s.

In our Canadian justice system, self - represented litigants («SRLs») are arguably the underdogs since they face a host of obstacles including large financial costs and unnecessarily complicated processes.

ATLANTA — June 15, 2015 — Aderant, the world's largest independent legal software company, today announced that Canadian law firm Miller Thomson has selected Aderant Expert for its next - generation practice and financial management system.

Unfortunately, many Canadian men and women find themselves unable, mainly for financial reasons, to access the Canadian justice system.

The Canadian Bar Association's British Columbia branch has hit out at the provincial government for its failure to increase financial support for the province's legal aid system in yesterday's budget.

The downfall of Eliot Spitzer, former governor of New York, was precipitated by a financial information system that has been seen by Canadians as too intrusive to implement in Canada.

Once the global financial system stabilizes and global growth recovers, the underlying strength of the Canadian economy and financial sector should ensure a more rapid recovery in Canada than in most other industrialized economies.