tag:blogger.com,1999:blog-10547970.post5816703708733425064..comments2024-03-13T01:04:34.580-04:00Comments on <b>Canadian Entrepreneur</b>: Enough with the Recession!Rick Spencehttp://www.blogger.com/profile/09147840937518662183noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10547970.post-5054615708442714432009-01-02T11:25:00.000-05:002009-01-02T11:25:00.000-05:00Thanks for the comments from Gord Nixon and his vi...Thanks for the comments from Gord Nixon and his views on the strong bank sector and low unemployment rate. <BR/>This is true and we should be glad that Canadian banks have kept their risk levels higher than the USA banks. They are not lending right now though and are off loading any company loans that even have the slightest bad smell. Private equity is stepping into this gap and carrying the higher risk. <BR/>Quite right. Private equity's role is to take up the higher risk loans or money, not the big banks.<BR/>Now if only the Canadian dollar could be kept below the US dollar so that international Canadian companies have some advantage...Jacoline Loewenhttps://www.blogger.com/profile/14420877042823247140noreply@blogger.com