Can-do

Julie Dickson, superintendent at the Office of the Superintendent of Financial Institutions in Canada, talks to Risk about how the country's regulatory framework has helped institutions weather the financial crisis. By Joel Clark

Not many countries have escaped the escalating financial crisis of the past two years, but a few have weathered the storm in better shape than most. Canada is one such place. In 2008, while banks across the globe were suffering significant losses, the top Canadian institutions reported steady profits, mostly less than in previous years but not slipping into the red. Royal Bank of Canada reported a net profit of C$4.56 billion ($3.94 billion) for the year, while TD Bank Financial Group made C$3