Silicon Valley Bank fallout Q+A: The Financial Post answers your questions about the bank failure that rocked the world

Send us your questions now and Kevin Carmichael and Barbara Shecter will answer them live at 11 a.m. Wednesday Published Mar 14, 2023  •  Last updated 10 hours ago  •  1 minute read Silicon Valley Bank’s collapse has raised the spectre of contagion in the global banking community. Photo by REUTERS/Dado Ruvic/Illustration/File Photo The collapse of… Continue reading Silicon Valley Bank fallout Q+A: The Financial Post answers your questions about the bank failure that rocked the world

John Turley-Ewart: Canada doesn’t have bank failures because we learned our lesson 100 years ago

Since 2001 America has endured 562 bank failures, not including Silicon Valley Bank. In Canada, there were zero Published Mar 14, 2023  •  4 minute read Between 2001 and 2023 the U.S. endured 562 bank failures according to the FDIC, plus the most recent, SVB. In Canada, that number? Zero. Nothing roils markets and focuses… Continue reading John Turley-Ewart: Canada doesn’t have bank failures because we learned our lesson 100 years ago

Roubini launches alternative haven trade for the era of endless inflation

Roubini partners with Goldman Sachs to launch alternative safe haven products in a big market crash Author of the article: Bloomberg News Tracy Alloway Published Mar 14, 2023  •  3 minute read Nouriel Roubini, chief executive officer of Roubini Macro Associates Inc., during a panel session at the Qatar Economic Forum (QEF) in Doha, Qatar,… Continue reading Roubini launches alternative haven trade for the era of endless inflation

Ontario Teachers’ posts 4% return in ‘difficult’ investment environment

Funds posts 4% return in ‘difficult’ investment environment in 2022 as net assets grew to $247.2 billion. Published Mar 14, 2023  •  Last updated 9 hours ago  •  2 minute read Ontario Teachers’ Pension Plan net assets grew to $247.2 billion, approaching the pension’s goal of $300 billion by 2030. Photo by Cole Burston /THE CANADIAN… Continue reading Ontario Teachers’ posts 4% return in ‘difficult’ investment environment

If a Canadian bank fails, how much do you get back?

What you need to know about how safe your money is In Canada, bank deposits are guaranteed by the Canada Deposit Insurance Corporation up to a certain amount. Photo by Getty Images “Money in the bank” is a phrase that conveys security. But what happens when the bank fails? That’s a question that was brought… Continue reading If a Canadian bank fails, how much do you get back?

How fallout from the SVB collapse could complicate life for some of Canada’s big banks

Especially those with operations in the U.S. Bank buildings in Toronto’s financial district. Photo by Peter J Thompson/National Post files The collapse of Silicon Valley Bank is unlikely to have a significant direct impact on Canada’s Big Six banks, but fallout from the U.S. tech lender’s demise could nevertheless complicate life for those with operations… Continue reading How fallout from the SVB collapse could complicate life for some of Canada’s big banks

Financial markets on edge as confidence in banks erodes: What you need to know

Global financial markets are in their worst state of panic since 2008 Published Mar 13, 2023  •  Last updated 8 hours ago  •  6 minute read 76 Comments People line up outside of a Silicon Valley Bank office on March 13 to try to retrieve their deposits in Santa Clara, California, days after the bank collapsed.… Continue reading Financial markets on edge as confidence in banks erodes: What you need to know

Sky-high gas prices have been a crude awakening for drivers, but there are ways to cut costs

Analysts say high prices are here to stay There are several factors at play in the soaring gas prices consumers are seeing, says Patrick De Haan, petroleum analyst for GasBuddy in Chicago, Ill. When everything shut down in the early days of the pandemic, demand for gas dropped, so suppliers cut back on production. But… Continue reading Sky-high gas prices have been a crude awakening for drivers, but there are ways to cut costs