With markets in a tizzy about deposit runs and bank failures, OSFI felt it necessary to put Canadian minds at ease Monday. "Canadians can be confident that we have a sound and effective regulatory and supervisory foundation that works to protect depositors and creditors," the regulator wrote in

"Until last year, most fixed-rate borrowers didn’t even consider anything other than a 5-year term," says MCAP SVP, Megan McDonald. But with rates doing a moonshot, she says brokers "have been looking for an alternative to 5-year terms." So MCAP gave it to them — in

Markets are struggling to price unknown tail risk in the banking system. The financial system is facing a confidence problem, not as extreme as the Global Financial Crisis, but unlike anything we've seen since then. As a result, inflation fears have temporarily taken a back seat to risk

An extra day of reflection has investors believing that the probability of a banking apocalypse is less than they calculated Monday. "Based on the information available so far, we think wider liquidity events are unlikely," Oxford Economics stated in a research note Tuesday. But "unlikely" hasn&