Wednesday, October 8, 2008

Ottawa Weighs Proposals to Aid Banks if Crisis Persists

The Globe and Mail, Kevin Carmichael & Sinclair Stewart, 8 October 2008The Canadian government is discussing ideas to help Canada's banks weather the global credit crisis by giving them access to high quality assets backed by the federal treasury, people familiar with the matter said.While Canada's financial institutions remain in good shape, high-level officials are taking a closer look at

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