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Freeland Meets With Canada Bank Regulator After SVB Collapse

Bloomberg business news
Evercore's Schlosstein Says Other Banks Are At Risk
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Finance Minister Chrystia Freeland met with the head of Canada’s financial regulator in the wake of a US regional bank collapse, with her office emphasizing that domestic institutions are secure.

“Significant structural and regulatory safeguards are already in place in Canada,” Adrienne Vaupshas, Freeland’s spokesperson, said by email Monday evening. “The government wants to assure Canadians our financial institutions are stable and resilient.”