Canada Banks Sit on Billions as Regulator Maintains Capital Rule
Canada’s financial regulator left capital requirements unchanged for the country’s largest banks, pointing out that the lenders are sitting on a combined C$60 billion ($43.5 billion) in excess capital that could be deployed to boost economic activity.
Canada’s financial regulator left capital requirements unchanged for the country’s largest banks, pointing out that the lenders are sitting on a combined C$60 billion ($43.5 billion) in excess capital that could be deployed to boost economic activity.
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