Owing note of thanks for Canada’s banks – Mulroney finance minister set up stable system
By Alim Merali, Freelance May 1, 2010
Excerpts:
Since the world’s financial system started on a downward spiral in 2007, Canadians have cherished the strength and stability of our banks. Unlike elsewhere, especially in the U.S., our banks dodged a bullet — which has paid off handsomely for our economy.
But the reasons for Canada’s fortune are no accident. Rather, we should look closely at key decisions made some 20 years earlier, and learn from these lessons as we chart the way forward.
True, policy-makers since then have also acted prudently.
Ismailimail 
Alim, I saved the article in which you wrote ‘Owing note of thanks for Canada’s banks’ dated back in May1st 2010 (if I am not mistaken). Reading your article on canadian banks, I saved it onto my ‘Favourites’ , hoping to enlighten others who have no clue about the story since we never knew about nor heard about it on television before – not until you wrote about it.
Can you rewrite what you wrote. Canada have a right to know.
LikeLike