What Silicon Valley Bank’s collapse means for Canada
The collapse of Silicon Valley Bank came swiftly after a panicked run on deposits. Despite the U.S. government enacting safeguards, there is anxiety in the markets wondering which bank might fall next. But how safe are Canadian banks? Report on Business columnist Tim Kiladze is on the show to explain the fallout and what Canadian regulations are in place to try and contain it.
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Show Notes
The collapse of Silicon Valley Bank came swiftly after a panicked run on deposits. Despite the U.S. government enacting safeguards, there is anxiety in the markets wondering which bank might fall next.
But how safe are Canadian banks? Report on Business columnist Tim Kiladze is on the show to explain the fallout and what Canadian regulations are in place to try and contain it.
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