I would agree with that. The years 2009 and 2010 taught us that this resilience of Canadian banks produced a less severe recession in Canada than for peers.
On June 11th, 2024. See this statement in context.
On June 11th, 2024. See this statement in context.
June 11th, 2024 / 11:20 a.m.
Superintendent, Office of the Superintendent of Financial Institutions
I would agree with that. The years 2009 and 2010 taught us that this resilience of Canadian banks produced a less severe recession in Canada than for peers.
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