Banks rarely fail in Canada, but how many billions of dollars would be needed if there's trouble?

Bank failures haven’t happened often in Canada.

The Canada Deposit Insurance Corporation (CDIC), which insures deposits in Canadian banks, last handled one in the mid-1990s, and the Crown corporation has dealt with only 43 such incidents since it was established in 1967.

By contrast, the United States has seen more than 500 failures since 2000 — including the collapse of Silicon Valley Bank and Signature Bank last month.

Experts say these kinds of episodes are less likely to occur in Canada, with strict banking regulations and a group of big, well-capitalized banks at the core of the sector.

The federal Department of Finance said in a statement emailed to CBC News