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Source: Financialpost March 14, 2023

Posthaste: Silicon Valley Bank collapse that shook the world reveals cracks emerging in the system

An ominous reminder that when central banks jack up rates, things break Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost March 14, 2023

Financial markets on edge as confidence in banks erodes: What you need to know

Global financial markets are in their worst state of panic since 2008 Global financial markets are in their worst state of panic since 2008, when cascading bank failures in the United States and Europe caused credit markets to seize, triggering...

Source: Financialpost March 14, 2023

How fallout from the SVB collapse could complicate life for some of Canada's big banks

Especially those with operations in the U.S. The collapse of Silicon Valley Bank is unlikely to have a significant direct impact on Canada’s Big Six banks, but fallout from the U.S. tech lender’s demise could nevertheless complicate life for th...

Source: Financialpost March 14, 2023

If a Canadian bank fails, how much do you get back?

What you need to know about how safe your money is “Money in the bank” is a phrase that conveys security. But what happens when the bank fails? That’s a question that was brought home last week when U.S. authorities shut down California-based S...

Source: Financialpost March 13, 2023

Opinion: More than 70 per cent of Canadians feel the average family is over-taxed

Lower taxes seem not to rank high on the agenda of most governments By Jake Fuss We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Opinion: More...

Source: Financialpost March 13, 2023

Cocaine, Mongolian coal mines and the checkered path of a Vancouver-area penny stock

Adastra Labs has a Health Canada licence to possess, produce, package and sell cocaine, but not to anyone With its mountains, beaches and movie-star good looks, Vancouver is a world-class urban jewel, despite having been home to a historical bi...

Source: Financialpost March 13, 2023

Flair Airlines says some flights cancelled after four aircraft seized in 'commercial dispute'

Airline says seizures were 'extreme and unusual actions' for falling behind on its leases and payment has been initiated Passengers travelling with Flair Airlines were “impacted” on Saturday after four of its leased aircraft were seized in Toro...

Source: Financialpost March 12, 2023

Kevin Carmichael: 'Robust' job numbers raise odds Bank of Canada will hike again

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Headwinds from ag...

Source: Financialpost March 12, 2023

From Santa Clara to Shoreditch, SVB Fallout Spreads Around World

The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world. (Bloomberg) — The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world.  THIS CONTENT IS RESERVED FOR SUBS...

Source: BNN Bloomberg March 11, 2023

Wall Street shuns risk as bank jitters hit trading

A renewed bout of volatility rattled markets around the world as SVB Financial Group’s turmoil spurred concern about the next shoe to drop at a time when the Federal Reserve is deploying its most-aggressive tightening campaign in a generation. Not even rem...