Investor Presentaiton
Canadian Economy and Financial System
Canadian Economy
The 15th largest economy in the world, with
a large export orientation
Economy is diversified, with a focus on
services, manufacturing, primary and
construction & utilities industries
Manageable Canadian government deficits
Proactive government and central bank
Moderate growth forecast affected by
slowdown in commodity sectors balanced
by lower dollar stimulating exports in
manufacturing and services sectors
Strong Financial System
Effective regulatory framework
Principles based regime
-
-
Single regulator for major banks
Conservative capital requirements
Proactive policies and programs
Risk management practices
-
-
-
-
Conservative lending standards
Few sub-prime mortgages
Relatively little securitization
Primarily originate to hold model
Canadian banks well capitalized and
profitable
Canadian Banking System ranked World's Soundest by World Economic Forum for 7th consecutive year
Global Competitiveness Report (2014 - 2015)
10
Scotiabank®View entire presentation