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Old 12-15-2008, 01:23 PM
Canadian Canadian is offline
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Join Date: Jun 2008
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The banks in Canada are yet to feel the pain from the slumping Canadian housing market, but I too don't think that there will be bank runs. The government will bail them out in a heartbeat if there is a problem. You can keep a couple of hundreds in cash at home, just in case of emergency. If you remember the power crisis in Toronto one summer a few years ago, the ATMs and banks didn't work, so the only way to pay for something was cash.
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