OTTAWA—Canada’s ability to head off a financial crisis by tightening banking regulations may be curtailed under the still secret Canada-European Union trade agreement. The pact, awaiting final ...

Smart regulation ought to be extended to fiscal policy. Fiscal rules – such as stringent balanced budget legislation – would preclude governments from irresponsible spending, excessive ...

The report also says the banks are buying high-yield securities and lowering their capital levels, both of which carry added risk.