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To: Newton

Canadian-owned banks are a pretty safe place to park your money- TD, RBC, BMO, CIBC and Scotia all have branches in the USA.


15 posted on 08/08/2011 9:25:45 AM PDT by Squawk 8888 (Tories in- now the REAL work begins!)
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To: Squawk 8888
Umm, not really, I don't think. Canadian banks have US subsidiaries. If TSHTF they might go down too. Don't expect head office to bail them out.

Deposits in Canadian banks in Canada are a different story.

17 posted on 08/08/2011 9:30:31 AM PDT by Former Proud Canadian (We .. have a purpose .. no longer to please every dictator with a vote at the UN. PM Harper)
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