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Old 12-09-2008, 03:12 PM
bullish bullish is offline
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Join Date: Jul 2008
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If you compare the bankruptcies increase in Canada and US, you'll see that ours is nothing special. Canadian banks enforced much more stringent lending rules, that's why we didn't have the irresponsible borrowing the US had. I think Canadian bankruptcies will peak very soon, when there are the first signs that the economic recovery is underway.
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