The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Public enemy No. 1 for Canadian investors, according to investor advocate Daniel Solin? The Big Six banks.
Public enemy No. 1 for Canadian investors, according to investor advocate Daniel Solin? The Big Six banks.
(KEVIN VAN PAASSEN/THE GLOBE AND MAIL)

Threats to Canada’s banks have diminished: BoC

They aren’t yet in the clear, but Canada’s bank chiefs can breathe a bit easier.

That’s the official word from the Bank of Canada in its latest Financial System Review, which runs through the biggest threats to the stability of Canada’s financial system. The central bank concluded the environment today is much less risky relative to when it released its last review half a year ago.