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Food Costs Soar, Banks Collapse

The Backbench

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The Competition in the Banking Sector in Canada

Merad: Silicon Valley Bank in Canada wasn't actually taking deposits. He says it's an American competitor that people might turn to for certain things, but not for others. How could the concentration of the banking sector in Canada either put Canadian banks at risk or aid them after the collapse? Merad: Is what has happened with the Silicon Valley Bank something that could conceivably happen with our banks?

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