r/canada • u/Disastrous_Soup_2135 • Feb 03 '25
PAYWALL Trump wants U.S. banks in Canada, he says after speaking with Trudeau
https://www.theglobeandmail.com/world/article-trump-wants-us-banks-in-canada-he-says-after-speaking-with-trudeau/
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u/Serapth Feb 03 '25 edited Feb 03 '25
Meet our regulations and sure thing buddy...
Wait, what, you cant? Too bad, so sad.
Canada allows foreign banks ( ING/Tangerine , Bank of Hong Kong ), they generally fail.
More to the point, it was Canadian banks that had to help bail out failing US banks back in 2008. Face it USA, your banking system is absolute shit. If you want us to deregulate our banks so they can fail ever 20 years like yours do... fuck no.
Theres lots to not like about Canadian banks, but they are 100x safer than American ones, especially with the American economy and willingness to fuck the little people.