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Mortgage Broker News | 21 Dec 2010, 10:15 AM Agree 0
Canadian banks and insurers will be required to do more testing on the risks consumer debt places on their balance sheets, said the Office of the Superintendent of Financial Institutions (OSFI) on Monday December 20.
  • K.C. | 22 Dec 2010, 05:04 AM Agree 0
    BMO, TD, Scotia and RBC are buying banks, leasing and financial services companies everywhere, as long they are not Canadian and in Canada! Maybe there are to many rules and regulations in Canada...
    It is nice to see that the government stimulus money is being used by our big banks to buy foreign companies that will lend money to people and companies that are not Canadian or in Canada.
    Lets do a stress test for the investments the banks make abroad and do some "B" and commercial lending in Canada

    This whole thing is ucked up,
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