Four major Canadian banks went off-line (hacking or overload?). Also, indication that the number of withdrawals increased. So, maybe signs of a bank-run.
https://waynedupree.com/2022/02/canada-bank-problems/
https://citizenfreepress.com/column-1/canadas-largest-banks-are-all-offline/
https://tokenist.com/big-banks-in-canada-face-outage-day-after-emergency-declared/
etc.
But nothing in the major business papers. However, given the fact that the Canadian authorities backtracked the funds freezing after only a few days the conclusion seems obvious!
Thanks for this excellent and timely posting.
However, given the fact that the Canadian authorities backtracked the funds freezing after only a few days the conclusion seems obvious!
***If it looks like a bank run, smells like a bank run, walks like a bank run, sounds like a bank run and flies like a bank run, it’s probably a bank run.