securitization, which contributes to increase bank risk, our analysis does not allow us to conclude that the Canadian banking system …

Since the subprime crisis, securitization by financial institutions has been threatened, both in the U.S. and in Canada …. In the U.S., private financial institutions have almost completely stopped their securitization activities. In Canada … mortgage securitization. Nevertheless, in spite of obvious weaknesses, securitization contributes to decrease the …