OttawaMortgageBlog.com

Canadian banks are proving that our financial system is the best in the world, as stated by the World Economic Forum in October. This week the Canadian major banks release their first quarter earnings for 2009, and most exceeded industry expectations. More impressive, however is they are remarkably better than their counterparts in the US [...]

According to a recent study performed by the World Economic Forum, Canada has the soundest banking system in the World. The United States was ranked 40th and Britain who was once a world leader, has dropped to 44th. The study measured the solvency of the banking systems in 134 different countries.
The World Economic Forum’s [...]