March 26, 2013 at 09:27 AM EDT
Canada's top six banks to get capital surcharge as of 2016
OTTAWA, March 26 (Reuters) - Canada's banking regulator has identified the country's six largest banks as being of systemic importance and will therefore impose a capital surcharge on them as of January 2016, the Office of the Superintendent of Financial Institutions (OSFI) said on Tuesday.
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