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Canadian banks shouldn’t bear mortgage losses, says banking group

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JayC:

As Harpers Firewall letter to Ralph Klein in the early 90s is given credit for much of his Policy decisions and changes I think AlbertasPrincipal Trust fiasco may have foreshadowed this excercise see http://www.businessedge.ca/archives/article.cfm/life-savings-swallowed-by-principal-scandal-4691

Monday, November 30 at 4:08 pm | Reply

JayC:

I seem to recall Confederation Life being brought down in the nineties by Federal Regulators due to overzealous property investments.

Monday, November 30 at 4:12 pm

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