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jet sanchEz posted:Yeah, the Canadian banks stuck to the story that they were not bailed out but it came to light in 2012 that they had been bailed out, to the tune of $114 billion. I believe the rationale behind not making it publicly known was so as not to create a panic but, yeah, our banks hosed up just as bad as the American ones. I think the banks are in trouble, yet. Moody's just downgraded six of them in late January, including TD and BMO: http://www.cbc.ca/news/business/story/2013/01/28/business-moodys-downgrades-banks.html Vancouver RE is one of my favourite topics, mostly because I get to watch it from a spectator view instead of a participant. Moved out of YVR in 2010 and haven't looked back. That city is insane :]
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Feb 23, 2013 03:36
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