TORONTO, ONTARIO — (Marketwire) — 03/29/12 — The Canadian Bankers Association (CBA) today commented on the 2012 federal budget. The CBA agrees with the government-s continuing efforts to create a fiscal and investment environment that supports economic growth and prosperity for Canada.
In the budget the federal government continues to recognize that Canada-s financial system is one of the soundest, most resilient and best regulated financial systems in the world. In particular, the CBA highlighted the following budget items relating to the financial services sector:
About the Canadian Bankers Association
The Canadian Bankers Association works on behalf of 53 domestic banks, foreign bank subsidiaries and foreign bank branches operating in Canada and their 267,000 employees. The CBA advocates for effective public policies that contribute to a sound, successful banking system that benefits Canadians and Canada-s economy. The Association also promotes financial literacy to help Canadians make informed financial decisions and works with banks and law enforcement to help protect customers against financial crime and promote fraud awareness. .
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Contacts:
Canadian Bankers Association
Rachel Swiednicki
(416) 362-6093, ext. 220 or Cell: (416) 587-7733