Sure they "answered the bell" -- they have an oligopoly on the market and have been force feeding more debt to Canadians for years (in the form of mortgages on overvalued real estate in Toronto, Vancouver, and Calgary; higher personal credit lines fueled by unsustainably low interest rates; ever increasing credit card balances; and service charges which are levied on customers who have really no choice).  When this house of cards starts to collapse, watch the government step in to insulate the precious banks and the real losers will be the customers/taxpayers who will still have no recourse.  Our banks look great because they have no real domestic competition and can use Canadian depositors to subsidize their foreign expansion and capital markets businesses. Just remember,  nothing grows forever ....