01601cas a2200241 a 4500 AALejournalIMF009851 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451956856 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Canada : Financial System Stability Assessment-Update. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (66 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Canadian financial sector is among the world's most highly developed. The five large banking groups that form the core of the system are conservatively managed and highly profitable. The stress tests suggest that the large Canadian banks can withstand a broad range of shocks. The current turbulence in global credit markets has affected Canada's asset-backed commercial paper market. The Canadian Depository Securities Settlement System is sound, efficient and reliable, and it complies with almost all Recommendations for Securities Settlement Systems. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/059 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/059/002.2008.issue-059-en.xml IMF e-Library