Peter Routledge, who leads Canada’s bank regulator, fired back against criticisms that the country’s biggest lenders face onerous capital burdens, arguing that current regulations are instead in a “Goldilocks zone.”
Canada’s systemically important banks — its six largest lenders, including Royal Bank of Canada and Toronto-Dominion Bank — hold more capital above binding regulatory limits than their peers in the US, Australia, the UK and Europe, according to a report from the Office of the Superintendent of Financial Institutions published Friday.
The banks as a group could lend as much as an additional C$1 trillion ($735 billion) without breaching ...
