2026-10-14 13:12 UTC
The US owns about half Canada’s banks. Canadian banking is extremely tightly integrated in the US banking system and Canada holds a lot of their assets in the US . The US can debank anyone from Canada easily just like they did in Europe.
Replies (1)
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@Arcanepotato@crazypeople.online 2026-10-14 14:32
Sure, there is no doubt they are tightly integrated. But this person thought we didn’t have any banks that were not US companies, or means of transferring money between people in canada without using US infrastructure. I asked, because I was so confused about what they were implying.