Wednesday, June 23, 2010

Canadian banks: Bastion of Stability


7 reasons Canada is rated as a 'bastion of stability'

Despite what is common propaganda, there are many clues to why Canadian banks were not in as suggested good shape. For one, why did we need transparent regulations deregulated in secret in 2008.

Canada Banks' Relief Toxic Assets

Oct 17, 2008

Under a ruling expected on Friday, the country's biggest banks and insurers will be able to postpone recording losses on assets that have become hard to sell and hard to value amid the global credit crunch

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