Can Canadian banks close their doors and not give me access to my money?
I am concerned about a banking default. Can Canadian banks close their doors and not give me access to my money? Happened in the US in the past and is happening around the world now.
Investor Asked on March 26, 2023 in Real Estate.
5 Canadian banks have 5,701 branches. In the US they have (previous defaults) 5,000 banks with 1 branch. One branch can easily default. Not the massive Canadian banks!