2  BIS Review 147/2010  average Tier 1 capital ratio at Canadian banks was about 10 per cent and their total capital ratio stood at almost 13 per cent. During the turmoil, all major Canadian banks maintained, without reducing dividends, capital in excess of supervisory targets, and none required injections of government capital.
Indeed, it was difficult at times to distinguish between liquidity and solvency crises at particular firms. The Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) have placed the funding of large banks on a firmer footing.