{"id":979,"date":"2023-05-19T08:00:03","date_gmt":"2023-05-19T15:00:03","guid":{"rendered":"http:\/\/facultas-risk.com\/?p=979"},"modified":"2023-12-18T07:43:49","modified_gmt":"2023-12-18T14:43:49","slug":"bank-of-canadas-system-review","status":"publish","type":"post","link":"https:\/\/facultas-risk.com\/fr\/2023\/05\/19\/bank-of-canadas-system-review\/","title":{"rendered":"Points principaux de la Revue du syst\u00e8me financier 2023 de la Banque du Canada"},"content":{"rendered":"

My favorite business reading of the year<\/a> was out yesterday. Here are a few takeaways that I found worth highlighting:<\/p>\n\n\n\n

\ud83c\udfd8 Household debt<\/h4>\n\n\n\n

\u25b6 La hausse des taux d'int\u00e9r\u00eat et la baisse des prix de l'immobilier ont r\u00e9duit la flexibilit\u00e9 financi\u00e8re de nombreux m\u00e9nages, ce qui a entra\u00een\u00e9 des signes pr\u00e9coces de stress financier.
\u25b6 La part des m\u00e9nages touch\u00e9s par la hausse des taux d'int\u00e9r\u00eat continuera d'augmenter au cours des prochaines ann\u00e9es, \u00e0 mesure que les propri\u00e9taires renouvelleront leurs pr\u00eats hypoth\u00e9caires.
\u25b6 Les co\u00fbts \u00e9lev\u00e9s du service de la dette et les faibles fonds propres des propri\u00e9taires rendent les m\u00e9nages plus vuln\u00e9rables au d\u00e9faut de paiement s'ils subissent une baisse de revenu.
\u25b6 La part des m\u00e9nages endett\u00e9s qui accusent un retard de paiement d'au moins 60 jours, toutes cat\u00e9gories de cr\u00e9dit confondues, est inf\u00e9rieure \u00e0 sa moyenne d'avant la pand\u00e9mie, mais elle augmente depuis le milieu de l'ann\u00e9e 2022.
\u25b6 Au cours de l'ann\u00e9e \u00e9coul\u00e9e, les acheteurs de logements ont augment\u00e9 leur recours aux cartes de cr\u00e9dit, ce qui indique que les acheteurs de logements r\u00e9cents ont davantage recours aux cartes de cr\u00e9dit pour financer leurs dettes. Les arri\u00e9r\u00e9s sur les cartes de cr\u00e9dit ont \u00e9galement augment\u00e9 et sont proches des niveaux d'avant la pand\u00e9mie, contrairement aux arri\u00e9r\u00e9s sur les pr\u00eats hypoth\u00e9caires, qui restent proches de leurs plus bas niveaux historiques.<\/p>\n\n\n\n

\ud83c\udfea Small and medium enterprises (SMEs)<\/h4>\n\n\n\n

\u25b6 Les bilans des PME restent sains et nombre d'entre elles continuent de d\u00e9tenir des niveaux de liquidit\u00e9s historiquement \u00e9lev\u00e9s.
\u25b6 Les entreprises pourraient \u00eatre confront\u00e9es \u00e0 des difficult\u00e9s financi\u00e8res parce qu'elles d\u00e9pendent fortement du financement bancaire pour leurs op\u00e9rations.
\u25b6 N\u00e9anmoins, les difficult\u00e9s financi\u00e8res augmentent surtout dans les petites entreprises. Environ la moiti\u00e9 des entreprises qui ont re\u00e7u une aide gouvernementale pendant la pand\u00e9mie ont d\u00e9clar\u00e9 que le remboursement des fonds avant la fin de 2023 serait un d\u00e9fi, en particulier pour les petites entreprises.<\/p>\n\n\n\n

\ud83c\udfe2 Commercial real estate (CRE)<\/h4>\n\n\n\n

\u25b6 Diminution des \u00e9valuations de march\u00e9 des entreprises du sous-secteur CRE. Si certaines de ces entreprises ne remboursent pas leurs pr\u00eats, les pr\u00eateurs pourraient subir des pertes de cr\u00e9dit. 
\u25b6 Cependant, l'exposition du secteur bancaire canadien \u00e0 l'immobilier r\u00e9sidentiel est faible, les pr\u00eats hypoth\u00e9caires non r\u00e9sidentiels repr\u00e9sentant environ 2 % de la valeur totale des actifs bancaires. Il existe des diff\u00e9rences entre les institutions, certains pr\u00eateurs \u00e9tant plus expos\u00e9s que d'autres.<\/p>\n\n\n\n

\ud83c\udfe6 The Banking and asset management Sector<\/h4>\n\n\n\n

\u25b6 Recent stresses<\/a> in the global banking sector have exposed vulnerabilities in business models that rely excessively on an environment of low interest rates and low volatility.
\u25b6 En outre, si une p\u00e9riode prolong\u00e9e de tensions financi\u00e8res devait se produire, elle pourrait r\u00e9duire davantage la liquidit\u00e9 des march\u00e9s \u00e0 revenu fixe et accro\u00eetre les pressions sur le financement des banques.
\u25b6 Si les banques resserrent leurs crit\u00e8res d'octroi de pr\u00eats, cela pourrait aggraver une \u00e9ventuelle r\u00e9cession.
\u25b6 Les gestionnaires d'actifs ont besoin de liquidit\u00e9s sur le march\u00e9 en raison de l'asym\u00e9trie entre les actifs et les passifs et de l'effet de levier, et si de nombreux gestionnaires d'actifs tentent de vendre des actifs en m\u00eame temps, d'importantes r\u00e9ductions de prix peuvent \u00eatre n\u00e9cessaires pour d\u00e9gager le march\u00e9.
\u25b6 La Banque du Canada pourrait fournir des liquidit\u00e9s par le biais de ses facilit\u00e9s permanentes et extraordinaires et, en cas de tensions extr\u00eames sur l'ensemble du march\u00e9, elle pourrait activer la facilit\u00e9 de prise en pension \u00e0 terme conditionnelle pour fournir des liquidit\u00e9s directement aux gestionnaires d'actifs.<\/p>\n\n\n\n

<\/p>\n\n\n\n

The full version of the Bank of Canada’s 2023 Financial System Review is available here<\/a>.<\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

Ma lecture commerciale pr\u00e9f\u00e9r\u00e9e de l'ann\u00e9e a \u00e9t\u00e9 publi\u00e9e hier. En voici quelques extraits qui m\u00e9ritent d'\u00eatre soulign\u00e9s : \ud83c\udfd8 Household debt\n\u25b6 La hausse des taux d'int\u00e9r\u00eat et la baisse des prix de l'immobilier ont r\u00e9duit la flexibilit\u00e9 financi\u00e8re de nombreux m\u00e9nages, ce qui a entra\u00een\u00e9 des signes pr\u00e9coces de stress financier.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[504,508],"tags":[],"class_list":["post-979","post","type-post","status-publish","format-standard","hentry","category-cro-series","category-risk-management"],"yoast_head":"\nKey insights from the Bank of Canada's 2023 Financial System Review - Facultas Risk<\/title>\n<meta name=\"description\" content=\"Discover key insights from the Canada financial system review. Explore topics such as household debt, small and medium enterprises (SMEs), and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facultas-risk.com\/fr\/2023\/05\/19\/bank-of-canadas-system-review\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key insights from the Bank of Canada's 2023 Financial System Review - Facultas Risk\" \/>\n<meta property=\"og:description\" content=\"Discover key insights from the Canada financial system review. Explore topics such as household debt, small and medium enterprises (SMEs), and more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facultas-risk.com\/fr\/2023\/05\/19\/bank-of-canadas-system-review\/\" \/>\n<meta property=\"og:site_name\" content=\"Facultas Risk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-19T15:00:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-18T14:43:49+00:00\" \/>\n<meta name=\"author\" content=\"Hind Abdo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hind Abdo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimation du temps de lecture\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/\"},\"author\":{\"name\":\"Hind Abdo\",\"@id\":\"https:\/\/facultas-risk.com\/#\/schema\/person\/4f2ebdc40a487ac9faf11d2f51b6668c\"},\"headline\":\"Key insights from the Bank of Canada’s 2023 Financial System Review\",\"datePublished\":\"2023-05-19T15:00:03+00:00\",\"dateModified\":\"2023-12-18T14:43:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/\"},\"wordCount\":474,\"publisher\":{\"@id\":\"https:\/\/facultas-risk.com\/#organization\"},\"articleSection\":[\"Insights\",\"Risk Management\"],\"inLanguage\":\"fr-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/\",\"url\":\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/\",\"name\":\"Key insights from the Bank of Canada's 2023 Financial System Review - Facultas Risk\",\"isPartOf\":{\"@id\":\"https:\/\/facultas-risk.com\/#website\"},\"datePublished\":\"2023-05-19T15:00:03+00:00\",\"dateModified\":\"2023-12-18T14:43:49+00:00\",\"description\":\"Discover key insights from the Canada financial system review. Explore topics such as household debt, small and medium enterprises (SMEs), and more.\",\"breadcrumb\":{\"@id\":\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/#breadcrumb\"},\"inLanguage\":\"fr-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/facultas-risk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Key insights from the Bank of Canada’s 2023 Financial System Review\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/facultas-risk.com\/#website\",\"url\":\"https:\/\/facultas-risk.com\/\",\"name\":\"Facultas Risk\",\"description\":\"Navigate Opportunities | Manage Risk\",\"publisher\":{\"@id\":\"https:\/\/facultas-risk.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/facultas-risk.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/facultas-risk.com\/#organization\",\"name\":\"Facultas Risk\",\"url\":\"https:\/\/facultas-risk.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\/\/facultas-risk.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/facultas-risk.com\/wp-content\/uploads\/2023\/04\/cropped-Blue-and-white-Digital-Marketing-Linkedin-Banner_7.png\",\"contentUrl\":\"https:\/\/facultas-risk.com\/wp-content\/uploads\/2023\/04\/cropped-Blue-and-white-Digital-Marketing-Linkedin-Banner_7.png\",\"width\":1584,\"height\":295,\"caption\":\"Facultas Risk\"},\"image\":{\"@id\":\"https:\/\/facultas-risk.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/facultas-risk.com\/#\/schema\/person\/4f2ebdc40a487ac9faf11d2f51b6668c\",\"name\":\"Hind Abdo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\/\/facultas-risk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/786304f28d99a089746622666f50d11426fd8161c7bee2b2630d5b811ae156db?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/786304f28d99a089746622666f50d11426fd8161c7bee2b2630d5b811ae156db?s=96&d=mm&r=g\",\"caption\":\"Hind Abdo\"},\"sameAs\":[\"http:\/\/facultas-risk.com\",\"https:\/\/www.linkedin.com\/in\/hind-abdo\/\"],\"url\":\"https:\/\/facultas-risk.com\/fr\/author\/hindabdo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Key insights from the Bank of Canada's 2023 Financial System Review - Facultas Risk","description":"Discover key insights from the Canada financial system review. Explore topics such as household debt, small and medium enterprises (SMEs), and more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/facultas-risk.com\/fr\/2023\/05\/19\/bank-of-canadas-system-review\/","og_locale":"fr_CA","og_type":"article","og_title":"Key insights from the Bank of Canada's 2023 Financial System Review - Facultas Risk","og_description":"Discover key insights from the Canada financial system review. Explore topics such as household debt, small and medium enterprises (SMEs), and more.","og_url":"https:\/\/facultas-risk.com\/fr\/2023\/05\/19\/bank-of-canadas-system-review\/","og_site_name":"Facultas Risk","article_published_time":"2023-05-19T15:00:03+00:00","article_modified_time":"2023-12-18T14:43:49+00:00","author":"Hind Abdo","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"Hind Abdo","Estimation du temps de lecture":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/#article","isPartOf":{"@id":"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/"},"author":{"name":"Hind Abdo","@id":"https:\/\/facultas-risk.com\/#\/schema\/person\/4f2ebdc40a487ac9faf11d2f51b6668c"},"headline":"Key insights from the Bank of Canada’s 2023 Financial System Review","datePublished":"2023-05-19T15:00:03+00:00","dateModified":"2023-12-18T14:43:49+00:00","mainEntityOfPage":{"@id":"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/"},"wordCount":474,"publisher":{"@id":"https:\/\/facultas-risk.com\/#organization"},"articleSection":["Insights","Risk Management"],"inLanguage":"fr-CA"},{"@type":"WebPage","@id":"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/","url":"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/","name":"Key insights from the Bank of Canada's 2023 Financial System Review - Facultas Risk","isPartOf":{"@id":"https:\/\/facultas-risk.com\/#website"},"datePublished":"2023-05-19T15:00:03+00:00","dateModified":"2023-12-18T14:43:49+00:00","description":"Discover key insights from the Canada financial system review. Explore topics such as household debt, small and medium enterprises (SMEs), and more.","breadcrumb":{"@id":"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/#breadcrumb"},"inLanguage":"fr-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/facultas-risk.com\/2023\/05\/19\/bank-of-canadas-system-review\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/facultas-risk.com\/"},{"@type":"ListItem","position":2,"name":"Key insights from the Bank of Canada’s 2023 Financial System Review"}]},{"@type":"WebSite","@id":"https:\/\/facultas-risk.com\/#website","url":"https:\/\/facultas-risk.com\/","name":"Facultas Risk","description":"Navigate Opportunities | Manage Risk","publisher":{"@id":"https:\/\/facultas-risk.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/facultas-risk.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr-CA"},{"@type":"Organization","@id":"https:\/\/facultas-risk.com\/#organization","name":"Facultas Risk","url":"https:\/\/facultas-risk.com\/","logo":{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/facultas-risk.com\/#\/schema\/logo\/image\/","url":"https:\/\/facultas-risk.com\/wp-content\/uploads\/2023\/04\/cropped-Blue-and-white-Digital-Marketing-Linkedin-Banner_7.png","contentUrl":"https:\/\/facultas-risk.com\/wp-content\/uploads\/2023\/04\/cropped-Blue-and-white-Digital-Marketing-Linkedin-Banner_7.png","width":1584,"height":295,"caption":"Facultas Risk"},"image":{"@id":"https:\/\/facultas-risk.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/facultas-risk.com\/#\/schema\/person\/4f2ebdc40a487ac9faf11d2f51b6668c","name":"Hind Abdo","image":{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/facultas-risk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/786304f28d99a089746622666f50d11426fd8161c7bee2b2630d5b811ae156db?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/786304f28d99a089746622666f50d11426fd8161c7bee2b2630d5b811ae156db?s=96&d=mm&r=g","caption":"Hind Abdo"},"sameAs":["http:\/\/facultas-risk.com","https:\/\/www.linkedin.com\/in\/hind-abdo\/"],"url":"https:\/\/facultas-risk.com\/fr\/author\/hindabdo\/"}]}},"_links":{"self":[{"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/posts\/979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/comments?post=979"}],"version-history":[{"count":7,"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/posts\/979\/revisions"}],"predecessor-version":[{"id":1469,"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/posts\/979\/revisions\/1469"}],"wp:attachment":[{"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/media?parent=979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/categories?post=979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/facultas-risk.com\/fr\/wp-json\/wp\/v2\/tags?post=979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}