We take advantage of the long-standing regulation of the risk-based capital and the leverage ratio in Canada to provide empirical evidence on the relation between the credit unions' capital buffers and loans to members. Based on a unique sample of the 100 Canadian largest credit unions from 1996...

Using quarterly financial statements and stock market data from 1982 to 2010 for the six largest Canadian chartered banks, this paper documents positive co-movement between Canadian banks' capital buffer and business cycles. The adoption of Basel Accords and the balance sheet leverage cap...

For insurance firms, underwriting and investment strategies are defined as the dollar weights allocated to underwriting activities (direct premium, net reinsurance, etc.) and the investment of assets respectively. Using a sample of 83 Canadian property-liability insurance companies for 1996 to...