Tag: System

Trump SLATES ‘corrupt’ Facebook for secret system that ‘exempted’ VIP users from content moderator rules & sanctions

Donald Trump has attacked Facebook for “secretly protecting” its ‘elite’ users after it emerged that the social media giant had an internal system that shielded millions of high-profile users from its content-moderation practices. In a statement on Tuesday, the former US president labeled Facebook “corrupt” for protecting celebrities, politicians, athletes and others featured on a…

Bank of Canada designates Lynx as a systemically important payment system

Bank of Canada Governor Tiff Macklem has designated Lynx, which is owned and operated by Payments Canada, as a systemically important payment system under the Payment Clearing and Settlement Act. Given how important Lynx is as Canada’s wholesale payment system, a disruption or failure of this system could significantly and adversely affect the financial system…

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…

Indigenous patients feel unsafe in B.C. health-care system: new Turpel-Lafond report

VANCOUVER – The author of a damning report that found widespread racism in British Columbia’s health system has released the results of surveys and data collection, revealing a massive gulf between the experiences of Indigenous and non-Indigenous patients. Mary Ellen Turpel-Lafond released a supplemental data report Thursday that shows Indigenous people in B.C. are much…