In 2008,many U.S.and British financial institutions received bailout money,causing an international financial crisis and economic recession.The Canadian economy was insulated from this situation as Canadian banks were not a part of the bailout rescue.

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The Answer of In 2008,many U.S.and British financial institutions received bailout money,causing an international financial crisis and economic recession.The Canadian economy was insulated from this situation as Canadian banks were not a part of the bailout rescue.