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Bank of Canada ‘ready to act’ in event of market-wide banking stress: officialA senior Bank of Canada official says the central bank is keeping a close eye on the stresses to the global banking system ahead of its next interest rate decision.EconomyMar 29, 2023
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Silicon Valley Bank’s Toronto branch seized by Canada’s banking regulator amid collapseU.S. banking regulators were forced on Friday to urgently close Silicon Valley Bank after billions of dollars were withdrawn by fearful depositors.EconomyMar 13, 2023
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