All of the Canadian banks that have already reported Q1 earnings have beat estimates causing a nice pop. All six major banks have dividend yields in the 6%-11% range. Most of these banks have little to no exposure to the USA housing market (i.e. BNS). These banks have repeatedly stated they are well capitalized and will not need any government assistance, even if conditions worsen in 2009. How can you afford NOT to own any of these?!?!?