Why it matters that Canadian banks have dodged the deposit exodus plaguing some U.S. banks

Why it matters that Canadian banks have dodged the deposit exodus plaguing some U.S. banks

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The immediate panic around bank runs in the United States may have eased, but the flood of deposits that have exited regional banks over the past year has prompted a tightening of lending standards and raised the odds that the U.S. economy will tip into recession. For now, at least, that cycle is…

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