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Following U.S. bank failures, is it time for Canada to raise deposit insurance limits?
CBC via Yahoo Canada News· 1 year agoFirst came the bank run, then the demise, of California-based Silicon Valley Bank two weeks ago....
Banks rarely fail in Canada, but how many billions of dollars would be needed if there's trouble?
CBC via Yahoo Canada News· 1 year agoBank failures haven't happened often in Canada. The Canada Deposit Insurance Corporation (CDIC),...
Joe Oliver: It’s time to double or triple bank deposit insurance
Financial Post via Yahoo Finance Canada· 1 year agoThe recently averted international banking crisis renewed a call to increase government bank deposit...
Canada's deposit insurer reviewing insurance deposit limits -trade group
Reuters via Yahoo Canada News· 1 year agoTORONTO (Reuters) -Canada's bank deposit insurer is reviewing deposit insurance limits to safeguard...
If a Canadian bank fails, how much do you get back?
Financial Post via Yahoo Finance Canada· 1 year ago“Money in the bank” is a phrase that conveys security. But what happens when the bank fails? That’s a question that was brought home last week when U.S....
Canadian banking group calls on Ottawa to review deposit insurance limits
Financial Post via Yahoo Finance Canada· 1 year agoA group of Canadian lenders is calling on Ottawa to review current limits on deposit insurance...
'Canada's a paragon of safe banking': Why Canada has had no bank failures since 2001, while the U.S....
MoneyWise Canada via Yahoo Finance Canada· 1 year agoThe collapse of U.S. banks like Silicon Valley Bank might have you asking: what happens if a...
Calls mount to raise deposit insurance limit in Canada in wake of SVB crisis
Financial Post via Yahoo Finance Canada· 1 year agoA Canadian seniors advocacy group and at least two economists believe the limit on deposit insurance...
Ottawa's move to increase deposit insurance 'a good signal,' economists say
Financial Post via Yahoo Finance Canada· 1 year agoA formal statement by Ottawa that it will consider increasing the amount of money covered by deposit...
U.S. bank busts are prompting a closer look at deposit insurance — there and elsewhere
CBC via Yahoo Canada News· 1 year agoBank failures are bad. Being unprepared for them is worse. In Canada and dozens of other countries,...
