As prudential supervisors, we are mainly concerned if too high pay endangers the solvency of a supervised entity. To this end, we analyse the yearly remuneration packages in relation to the bank’s existing capital and the capital it may need in order to comply with the progressive demands of Basel III.
Canada's home ownership rate of over 68 per cent is similar to that in the United States, a little lower than it is in the United Kingdom and Australia, but higher than in European countries such as France and Germany.