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Oil rout mars reputation of Canadian banks as world's safest lenders

Record consumer debt and overvalued housing market add to the risks

Thu, Jan 08, 2015 - 5:50 AM

Toronto

CANADIAN banks' reputation as the world's safest lenders isn't worth what it once was as collapsing crude oil prices add to a growing list of economic challenges facing their home market.

The lower borrowing costs Canadian banks enjoyed compared with global peers in the...

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