Interest paid on home loans is tax-deductible in America, encouraging people to borrow more; not so in Canada.

在美国，住房贷款的利息是可以减免税的。促进人们借入更多的贷款，但在加拿大就不是这样。

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The bank of Canada today raised its target rate for overnight loans between commercial Banks to 1 percent from 0.75 percent, its third increase this year.

加拿大银行今天提高了商业银行间的同业拆借利率从0.75%提高至1%，这是央行今年第三次提高隔夜拆借利率。

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Canada never had the kind of bubble created by risky 'subprime' home loans that the U.S. had, thanks in part to conservative lending practices.

加拿大从来没有美国遭遇过的高风险次级房贷造成的泡沫，原因之一是加拿大实行保守放贷。

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Meanwhile, small-business loans, as a percentage of total loans in Canada and the U.K., already exceeded 2007 levels by 2009 and then held steady in 2010.

WSJ: Post-Recession Loans Lag

Wells Fargo, a Californian bank, plans to start direct-mail loans to small businesses in Canada before the end of the year, hoping to slice off another lucrative piece of Canadian banks' business.

ECONOMIST: Canadian finance