KM Financial Solutions | UPDATE 2-Canada raises capital buffer for banks to highest level as risks mount
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UPDATE 2-Canada raises capital buffer for banks to highest level as risks mount

UPDATE 2-Canada raises capital buffer for banks to highest level as risks mount

Canada’s banking regulator on Tuesday
raised the amount of capital lenders must hold to guard against
risks including near-record household and corporate debt levels,
as Moody’s Investor Service highlighted high consumer leverage
as a “persistent vulnerability.”

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