3 ms·
That stability comes from having a handful of banks declared too big to fail, and holding oligopoly power. Canadians enjoy some of the highest retail banking fe
by pbourke 3y ago
That stability comes from having a handful of banks declared too big to fail, and holding oligopoly power. Canadians enjoy some of the highest retail banking fees when compared with peer nations.
- eru 3y agoCanadian banks in the 19th century did not enjoy any 'too big to fail' protection. You might be right about the current Canadian banking industry, I don't know that much about what they did in the last few decades.