RE: Are Canadian Banks INSOLVENT? If People Withdrew Their MONEY, Is It GAME OVER!?

You are viewing a single comment's thread from:

jamiesventures (33)in #money • 7 years ago

Thanks for the stats. At least on paper BMO is less insolvent.

7 years ago in #money by jamiesventures (33)

Sort:

theeconomictruth (58) 7 years ago

They are close to a fractional reserve banking. The rest is using a zero reserve policy that BOC implemented for Canadian banks.