Which of the Following Statements Is False

Which of the following statements is false?

A) Collapse of the sub-prime mortgage market led to the financial crisis in 2008 in U.S. economy.
B) Financial crisis was limited to the U.S. financial sector; the Canadian financial market remained unaffected due to the fact that Canada has stronger banking regulations.
C) Several large financial institutions in the United States required bailout.
D) No banks in Canada failed or required bailout, while several U.S banks either failed or required bailout in 2008.