Bank of Canada Financial System Review, June 2006

The Bank of Canada has published its semi-annual June 2006 Financial System Review on 15 June. The likelihood that a shock would have a significant adverse impact on the Canadian financial system remains small, according to the Report.

The Canadian financial, non-financial corporate, and household sectors are healthy and in a good position to withstand shocks.

The possibility of a significant price reversal in riskier assets remains, although markets have so far been resilient in the face of

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