TOTAL ASSET-TO-CAPITAL RATIO - TAC
Leverage covenant, placed by the Office of the Superintendent of Financial Institutions (OSFI), on Canadian institutions. Not a risk-adjusted leverage gauge, it is determined by adding all the assets divided by the capital. All Canadian banks are subject to a maximum ratio of 23 times. Also called TAC Multiple.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
