Why Are Canadian Banks More Resilient? /

This paper explores factors behind Canadian banks' relative resilience in the ongoing credit turmoil. We identify two main causes: a higher share of depository funding (vs. wholesale funding) in liabilities, and a number of regulatory and structural factors in the Canadian market that reduced b...

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Dettagli Bibliografici
Autore principale: Huang, Rocco
Altri autori: Ratnovski, Lev
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/152
Accesso online:Full text available on IMF