Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers speak with reporters in Ottawa following the release of the bank’s latest financial stability report. The 2024 report highlights the ongoing resilience of Canada’s financial system as households, businesses, banks and other financial institutions continue to adjust to high interest rates. The central bank does outline risks to the system that may pose a threat to financial stability in the areas of debt serviceability and asset valuations.
