Large Canadian Banks: Funding and Liquidity Profiles—Better Prepared Now for a Shock

The six large Canadian banks maintain strong liquidity and funding profiles. Almost half of their funding is from deposits, which is complemented by various forms of wholesale funding and ready access to unencumbered liquid assets to meet their liquidity needs. Overall, DBRS Morningstar views the large Canadian banks as well positioned to deal with unforeseen shocks in wholesale funding markets.