KM Financial Solutions | UPDATE 1-Canada cuts banks’ capital buffer, suspends mortgage stress test change
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UPDATE 1-Canada cuts banks’ capital buffer, suspends mortgage stress test change

UPDATE 1-Canada cuts banks’ capital buffer, suspends mortgage stress test change

Canada’s financial regulator
is reducing the amount of capital lenders must hold to guard
against risks to the lowest level on record, it said on Friday,
as part of a series of measures to help gird against the
economic impact of the COVID-19 pandemic.

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