Canadian Banks Copy What US Banks Did In 2007 With Hopes Of Stopping The Bleeding
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Canadian Banks are copying what US banks did before the Global Financial Crisis. They are now taking on insane amounts of risk because their borrowers can't afford to pay their mortgages. I take you through what is happening and some of the specific regulations in Canada that may be important also how this could impact the banking system.
You won't hear any news like this on any of the mainstream media organizations like City News, CTV News, CBC News, and Global News.
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