Prudent Press

bank mergers


Testimonies from Both Sides of the Divide – Deregulation of Canada’s Financial Industry Pt 5


Back in 1998, the Parliamentary Committee on Finance published their report and included below were the results. The Committee argued that the mergers of large federally regulated financial institutions posed a significant policy dilemma to the country. The Committee was against large banks and large insurance companies from buying each other out. The reasons for… Continue Reading »


Banks Prudently Regulated to the Teeth – Deregulation of Canada’s Financial Industry Pt 4


In Part 1, a general overview from an academic context on the state of deregulation in Canada is provided. It’s important to note that such significant changes such as those made in our banking sector, have taken place over a period of many decades. Thus it is hard to root out one sole cause when… Continue Reading »


The Banking Empire – Deregulation of Canada’s Financial Industry Pt 3


As Part 2 examines, the “Big 5″ Canadian Banks: Royal Bank of Canada, TD-Bank, Scotia Bank, CIBC, and Bank of Montreal have increasingly benefited and profited from deregulation and market liberalisation. This piece examines the effects deregulation has had on the big 5 Canadian banks. The internationalization of financial markets since the late 70’s, coincided… Continue Reading »

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