Issuance by North American firms has rebounded strongly since 2011
Report advocates higher capital standards to safeguard against bank failure
Smaller banks have seen their capital shortfall increase
Increase reduce the risk of a sharp housing price correction
TD Bank Q1 profit reaches $2 billion
CCAR results to be released on March 26
C.D. Howe report recommends sharing risks among bond buyers, shareholders and depositors
The tougher standards include measures focusing on liquidity, risk management, and capital
Proposals include a ban on proprietary trading and splitting trading activities into separate subsidiaries
Bank estimates a $60 million loss from the transaction