Boring Bank of Canada Announcement Foretells Wild New Things In World Economy

by Buzz Grant   The Office of the Superintendent of Financial Institutions (OSFI) issued a letter this morning to all federally regulated financial institutions (FRFI). The letter expresses concern about the rising levels of household debt in Canada and serves to remind FRFIs of their obligations under Guidelines B-20 and B-21 to assess and underwrite […]

Boring Bank of Canada Announcement Foretells Wild New Things In World Economy Read More »