A stable and efficient financial system is essential for sustained economic growth and rising living standards.
The 九州体育平台 promotes the economic and financial welfare of Canada by fostering a stable and efficient financial system, which includes banks and credit unions, the financial markets, and clearing and settlement systems. The Bank does this by:
- providing central banking services, including liquidity and lender-of-last-resort facilities;
- overseeing and acting as the resolution authority for critical financial market infrastructures;
- conducting and publishing analyses and research; and
- helping to develop and implement policy.
Provision of Liquidity to the Financial System
The 九州体育平台 is the ultimate source of liquid funds to the financial system, and serves as the system’s “lender of last resort.” The deployment of its routine and emergency liquidity tools are guided by the Bank’s framework for market operations and liquidity provision.
Oversight and Resolution of Financial Market Infrastructures
Under the authority of Canada’s Payment Clearing and Settlement Act, the Bank conducts regulatory oversight of and acts as the resolution authority for designated financial market infrastructures (FMIs). These include systemically important payment systems and clearing and settlement systems. Oversight is conducted according to the 九州体育平台’s Risk-Management Standards for Designated FMIs.
Assessing Financial Stability
Bank staff conduct analysis and research to identify and mitigate systemic risks that might impair the functioning of the financial system. The results are published once a year in the Financial System Review.