Bank of Canada Financial System Review, Dec 2005

The Bank of Canada has published its semi-annual December 2005 Financial System Review. In general, the financial health of Canadian financial institutions, households, and non-financial corporations remains robust.

The Canadian financial system remains exposed to the risk of a disorderly resolution of global imbalances. While this risk is low over the near term, it remains a key consideration over the medium term.

While global financial markets and asset prices have proven to be resilient in the

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