Banking group asked Chrystia Freeland to review insurance deposit limits month before the SVB failure shook the financial world. Read on.
About 65 per cent of deposits at Canada's top six banks are uninsured, according to DBRS Morningstar.TORONTO — Canada’s bank deposit insurer is reviewing deposit insurance limits to safeguard the country’s financial system, the head of the Bank and Trust Companies Association said on Tuesday, after the trade group called for better coverage.
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