September 30, 2026
Business

Canada Banks Sit on Billions as Regulator Maintains Capital Rule(Soban News)

Canada’s financial regulator left capital requirements unchanged for the country’s largest banks, pointing out that the lenders are sitting on a combined C$60 billion ($43.5 billion) in excess capital that could be deployed to boost economic activity.

​Canada’s financial regulator left capital requirements unchanged for the country’s largest banks, pointing out that the lenders are sitting on a combined C$60 billion ($43.5 billion) in excess capital that could be deployed to boost economic activity. by Soban News (international And National News)

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