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What is Causing the Silicon Valley Bank Bailout to Keep Occurring?

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The collapse of American banks shakes the tech industry in Canada.

The bank failures in the U.S. have sent shockwaves north, rattling the Canadian tech sector. Depositors have rushed to get their money out, but there's a broader fear it will chill investment. #siliconvalleybank #banking #tech Watch The National live on YouTube Sunday-Friday at 9 p.m. ET Subscribe to The National: Connect with The National online: Facebook | Twitter | Instagram | More from CBC News | The National is the flagship of CBC News, showcasing award-winning journalism from across Canada and around the world. Led by Chief Correspondent Adrienne Arsenault and Ian Hanomansing, our team of trusted reporters help you make sense of the world, wherever you are. The National was named Canada’s Best National Newscast by the Canadian Screen Awards and RTDNA Canada.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing

Is Your Money Safe? Investigating Bank Failures

Two US Banks Just Failed - What Happened, and What Now? ... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Bank failures happen when a bank is unable to meet its financial obligations and is forced to close its doors. This can have devastating effects on the individuals and businesses that entrust their money to that bank. It’s important to understand the causes of bank failures and to assess the safety of your money when you deposit it into a bank account. One of the biggest causes of bank failures is bad loans. Banks are in the business of lending money, and when they make loans to people or businesses that are unable to pay them back, they can quickly find themselves in financial trouble. Banks can also experience failures as a result of poor management, fraud, or economic downturns. When a bank fails, the first concern