Canadian Dimension: Canada’s Five Giant Banks Ought to Be Nationalized, Not Bailed Out

Photo by DRheaume Canada’s banking system is on the edge of a crisis, once again, with a collective debt of $1.8 trillion — and the public will be on the hook for most of it, sooner than most think. Last week, the Bank for International Settlements (BIS) revealed that Canada, Hong Kong and China’s banking ...read more