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Canadian banks unfazed by new capital rules Add to ...

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Canadian banks are mostly unaffected by revised rules that determine how much capital lenders must hold to bolster their balance sheets.

The new rules from the Basel Committee on Banking Supervision, the global banking watchdog, alter the leverage ratio – a blunt tool used to calculate the amount of capital a bank must hold relative to its total assets – regardless of their risk. Come 2017, banks must hold enough capital to cover at least 3 per cent of their total assets.

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