
Banks got $114B from governments during recession
Support for banks 'more substantial than Canadians were led to believe': CCPA report An analysis by CCPA senior economist David Macdonald found that Canada's major lenders were in a far worse position during the downturn than has ever been previously believed. Source Article: Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives. Canada's banking system is