Silicon Valley Bank collapsed. What are the Canadian implications?

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Silicon Valley Bank collapsed. What are the Canadian implications?
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Silicon Valley Bank's collapse marked the single largest American banking failure since the financial crisis of 2008. What are the Canadian implications? Listen to the StarThisMatters episode in full:

was the 16th largest bank in the United States yet, in less than two days, it collapsed and marked the single largest American banking failure since the financial crisis of 2008.

Ripple effects from SVB’s collapse continue to hit similar institutions, have reached Credit Suisse Group and ignited a political blame game. Chay Ornthanalai, an associate professor at the Rotman School of Management, joins “This episode was produced by Brian Bradley and Paulo Marques.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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