Stephen Kanitz

What's Interesting About the World's 50 Safest Banks

Canada's tax incentives does not include Mortgage Interest Tax Deductions, which means Canadian Banks do not over leverage in real estate, Canadians do not beg for second mortgages or equity carve outs so they can continue to have interest deductions.

Other than that, Canada and US are nearly mirror countries, and it is amazing how American economists are blaming hedge funds, bankers, greedy alpha seeking investors, and forgetting government subsidies as the real culprit of this crisis.