Live Breaking News & Updates on Canadian Border Service Agency
Stay updated with breaking news from Canadian border service agency. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Banks exchanging billions of dollars every day and overnight lending in order to maintain their reserve ratios now this borrowing isnt free you have to put up collateral usually in the form of treasuries or other tear one securities so under normal circumstances the repo market runs smoothly the rate is steady around 2 percent and the entire system is dependent on trust trust that the borrower can pay you back plus interest its a great way for commercial banks to make money now what happened here was when the rates suddenly spite we dont actually know what happened yet because we havent seen a spike like that since 2008 and in 2008 when the rate suddenly shot up indicating that there was a risk and uncertainty in the market there were rumors going around that your partner banks were insolvent so when you hear Something Like that as a bank thats a huge risk you dont want to lend to an insolvent partner so when you see a risky clien ....
Move is the 1st of its kind since its 2008 financial crisis and the scary part is the fed still doesnt know what caused the spike so lets take a step back and really understand what the repo market is its essentially a short term borrowing market where banks and institutions lend to one another banks exchanging billions of dollars every day and overnight lending in order to maintain their reserve ratios now this borrowing isnt free you have to put up collateral usually in the form of treasuries or other tear one securities so under normal circumstances the repo market runs smoothly the rate is steady around 2 percent and the entire system is dependent on trust trust that the borrower can pay you back plus interest its a great way for commercial banks to make money now what happened here was when the rates suddenly spite we dont actually know what happened yet because we havent seen a spike like that since 2008 and in 2008 when the rate suddenly shot up indicating that there was a risk ....
CBSA: Possibly strike could impact border crossings atlantic.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from atlantic.ctvnews.ca Daily Mail and Mail on Sunday newspapers.
The province will boost the number of watercraft inspectors, watercraft inspection stations, and K9 units in attempt to keep invasive species out of Alberta's lakes and rivers. ....