Countries need to work together to ensure consistent global regulation
Global economies to struggle into 2010
Credit easing measures in each of the major countries can be expected
Consolidating securities regulation would further strengthen stability framework
New policies needed to limit the incidence and impact of systemic risk
Banks told to incorporate adverse outcomes in their planning
Businesses could feel impact of stimulus measures as soon as April
Leadership needed at international level to detect and respond to risks
Canadian household credit in January up 9.6% over last year
Toxic assets are concentrated in large financial institutions
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