Canadian Banking crisis, Huh?
For what reason other than a transplant of hysteria from down south. I am not on familiar terms with banks but I do know a fundamental difference when I see it. Canadian housing has gone down in the east and perhaps on the west coast but no where close to US's. And no reason for doing so other than scare mongering.
Other than CIBC and perhaps TD/CT with BofM, canadian banks are on fairly solid footing. Even CIBC is no worse off than most US banks and I mean the locals and not the big shaky ones.
I smell a ploy to aquire some canadian bank stocks cheaply, perhaps a switch form US ones who are not done tumbling?