Principles address deficiencies in bank corporate governance that became apparent during the financial crisis
Canada’s big banks are widely expected to be able to comply easily with the proposed global capital regulations
Banks begin marketing to newcomers before they have left their native countries
Drug store chain following the lead of other Canadian retailers
Some questions remain
Reforms will benefit Canada’s economy
Less strict approach follows in the wake of new Basel capital rules
Revenues from capital markets operations were halved during fiscal Q3
The existence of higher levels of better quality capital will likely be positive for senior bank creditors and for overall bank stability in the long-term
Capital reforms will be presented to the G20 Leaders summit in November