Author Archive: Dominic Pistor

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How Safe are Canadian Banks?

How Safe are Canadian Banks?

In November 2011 Minister of Finance, Jim Flaherty, claimed that the Canadian banking system is the soundest in the world. However, Canadian banks received $billions in financial support from the government between 2008 and 2010 and the federal government has plans to deal with a banking failure. So really, how safe are Canadian banks? Since […]

Posted in: Canada, Economy