Monday, February 23, 2009

What about Canada, eh?

One frustration I have had following the economic crisis in Canada is any strong sense of what shape our banks are in. Clearly our banking system is fundamentally different than that of the U.S.. But if the rest of the world was beating a poorly regulated path to these toxic assets, we must have been too. So where are they? And how do they affect the balance sheets of our admittedly more risk averse banks? And what about the non-bank sector, particularly hedge funds and the like?

Is anyone blogging this here in the GWN?

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