Thursday, February 23, 2006

Cdn Banks & Sub-prime Lending

National Post, Keith Kalawsky, 23 February 2006The Canadian banks dominate financial services in Canada, with the exception of two areas: life insurance and sub-prime lending.The banks aren't allowed to sell insurance through their branches, but they are now moving into sub-prime, as shown by Toronto-Dominion Bank buying automotive lender VFC Inc. and Bank of Nova Scotia acquiring Maple Trust, a

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