Bank Collapse

• Canada is not immune to banking instability, central bank chief warns

  Bank of Canada governor Tiff Macklem reiterated his confidence in the country's financial system on Thursday but said policymakers can't be 'complacent' about banking risks.

  Economy

  Apr 13, 2023
  
• Canada’s bank deposit insurance limits being reviewed after SVB collapse, trade group says

  The Bank and Trust Companies Association, which has called for coverage to be doubled, says the Canada Deposit Insurance Corporation is reviewing the current regime.

  Money

  Mar 21, 2023
  
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• Banking turmoil is adding to sense of looming economic ‘precipice.’ What’s next?

  The mounting feeling of economic disaster comes as Finance Minister Chrystia Freeland is set to table the government's latest budget on March 28.

  Economy

  Mar 19, 2023
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• Credit Suisse faces a pivotal weekend. Here’s what could be next for the Swiss bank

  The frantic effort to shore up Credit Suisse come as assurances from policymakers that the global banking system is safe fail to assuage fears about broader troubles in the sector.

  Economy

  Mar 17, 2023
• S&P/TSX composite down almost one per cent; U.S. markets mixed over bank failures

  The S&P/TSX composite index was down 186.02 points at 19,588.90.

  Canada

  Mar 13, 2023
• Silicon Valley Bank’s Toronto branch seized by Canada’s banking regulator amid collapse

  U.S. banking regulators were forced on Friday to urgently close Silicon Valley Bank after billions of dollars were withdrawn by fearful depositors.

  Economy

  Mar 13, 2023