Tag: Financial

Have your say: Do you take advantage of workplace financial benefits?

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How Moving to a New City Can Give You a Fresh Financial Start

Summer is a common time for many people to change up their living situations by moving either across town or across the country. And whether you are moving for a new job, a recent graduation, or just a change of scenery, moving to a new city can help give you a fresh financial start. Here…

Financial System Review Summary—2021

The Financial System Review explains how financial vulnerabilities in Canada have evolved over the past year. Household vulnerabilities have intensified Many households have built up savings and paid down debt over the past year. Signs of financial stress, like personal bankruptcies, are low. This is mainly thanks to exceptional government support. Despite this support, we…

Release of the Financial System Review

Good morning. Thank you for joining me to discuss the latest issue of the Bank of Canada’s Financial System Review (FSR), which we published today. The purpose of the FSR is to identify and explain key vulnerabilities of the Canadian financial system. Vulnerabilities need not lead to serious problems. Some work themselves out before anything…