For Immediate Release
December 15, 2022 

CSA publishes 2022 Systemic Risk Survey results

Montréal and Toronto – The Canadian Securities Administrators (CSA) today published results of its first annual systemic risk survey, which was conducted last fall to solicit views on financial risks from market participants.

The findings summarize responses received from more than 600 Canadian portfolio managers and investment dealers between October and November 2022. Overall, survey participants indicated that they were most concerned about rising interest rates, household debt, the housing market, the geopolitical environment and cyber vulnerabilities.

“The results of this survey provide CSA members with important information regarding the level of concern market participants have about financial stability risks in Canada,” said Stan Magidson, CSA Chair and Chair and CEO of the Alberta Securities Commission. “We appreciate the strong industry response to this inaugural survey, especially as our sector navigates factors such as rising interest rates, inflationary pressures and geopolitical risks.”

To read more about the survey and key findings, please visit the CSA website.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.


For more information:

Ilana Kelemen
Canadian Securities Administrators

Sylvain Théberge


Crystal Jongeward
Ontario Securities Commission