Banks have "ample capacity" to help fund Canada's adjustment to new era: regulator

Canada's banks could lend an additional $1 trillion to help economy adapt, federal regulator says

OSFI Superintendent Peter Routledge says bank capital cushions should be used not just as safeguard but as catalyst for national prosperity

Banks Have ‘Ample Capacity’ to Help Fund Canada’s Adjustment to New Era: Regulator

The head of Canada’s banking regulator says major banks have significant capital on hand and he’s looking to work with them on putting it to use in the interests of the country. Peter Routledge, who leads the Office of the Superintendent of Financial Institutions, says banks could make nearly a trillion dollars in additional loans and other forms of credit and still remain above capital requirements—a material amount relative to Canada’s $3-tril…

Banks have “ample capacity” to help fund Canada’s adjustment to new era: regulator

TORONTO - The head of Canada's banking regulator says major banks have significant capital on hand and he's looking to work with them on putting it to use in the interests of the country.

Banks have "ample capacity" to help fund Canada's adjustment to new era: regulator

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