Bank of Canada ready to step in if global financial crisis causes 'spillovers' to banks here

Bank of Canada ready to step in if global financial crisis causes 'spillovers' to banks here

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The Bank of Canada is ready to defend Canadian banks from a global financial meltdown if the current banking crisis in the U.S. and Europe spills into Canada, but the central bank does not think they will have to step in. Speaking on Wednesday at the National Bank Financial Services Conference,…

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