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.
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!