The Canadian financial system came through the global financial crisis of 2007–2009 relatively unscathed. Important elements in this success were Canadian financial regulation and supervision. This case study argues that Canadian strengths in regulation and supervision before the crisis fell...

In this study, the authors examine three aspects of the Canadian experience with flexible exchange rates in the 1970s: the movements in the Canadian dollar-U.S. dollar exchange rate, the sharp growth of external borrowings by Canadians in the 1974-76 period, and the real effects of relative...