When is a bank bail-out not a bailout? When the Canadian bankers’ Association President, Nancy Hughes Anthony says so. In her letter to the Vancouver Sun (which published my blog on the issue)  Hughes Anthony points out that not a single bank went bankrupt and therefore did not require a bail out.But call it what you will ...

The sorry spectacle of Conservative cabinet ministers flying around the world defending banks from a tax to cover their next, inevitable, meltdown is bad enough. What is perhaps worse is that it is being largely justified by the perpetuation of the myth that Canada did not have to bail out its banks.Wrong.We are, according ...