Yep:
SVB had a Canadian Branch that the Canadian Regulators just seized. They had loans of $435 million in Canada & $864 million in Canadian assets somehow.
— Bushels Per Acre (@BushelsPerAcre) March 13, 2023
They were a venture capital debt company.
Freeland is terrified about a bank run in Canada but all this statement does is make… https://t.co/WHFJshc5jb
Run.
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