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Freeland Meets With Canada’s Bank Regulator After SVB Collapse
Finance Minister Chrystia Freeland met with the head of Canada’s financial regulator in the wake of a US regional bank collapse, with her office emphasizing that domestic institutions are secure. “Significant structural and regulatory safeguards are already in place in Canada,” Adrienne Vaupshas, Freeland’s spokesperson, said by email Monday evening. “The government wants to assure Canadians our financial institutions are stable and resilient.” Vaupshas said Freeland met with Peter Routledge, Canada’s superintendent of financial institutions, one day after his office announced it had seized control of ... (full story)
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- Posted: Mar 13, 2023 11:50pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,027
