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Food Costs Soar, Banks Collapse

The Backbench

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The Impact of the Silicon Valley Bank Collapse on the Tech Sector

Silicon Valley Bank has officially filed for bankruptcy protection. SBB didn't have a banking license in Canada, but it played a role in lending to tech startups with big ideas. Maraud: From an individual Canadian perspective, at least for me, the level of this impact is fairly low. But it has sparked greater questions about the tech sector and its relationship with the banking industry.

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