Concerned about the increasing frequency of banking crises? Don't worry. Bad things can't happen to banks in Canada.
Certainly we are not Spain. Or Iceland. Or Ireland. Well, let's just say Europe more generally over recent years. Or, come to think about it, the USA with its subprime crisis and its major banks on the rails in the 2008 financial crisis.
Canada is smarter than all those other countries. Canadian banks are just better behaved than banks elsewhere, and in any case the extraordinary vigilance of Canadian banking regulators will protect us.
Certainly we are not Spain. Or Iceland. Or Ireland. Well, let's just say Europe more generally over recent years. Or, come to think about it, the USA with its subprime crisis and its major banks on the rails in the 2008 financial crisis.
Canada is smarter than all those other countries. Canadian banks are just better behaved than banks elsewhere, and in any case the extraordinary vigilance of Canadian banking regulators will protect us.