Canada’s banking sector must innovate or risk falling behind, say prestigious Donner Prize-winning authors

'When you look at the core business, it’s still running pretty much the way it was run 40 years ago,' says Patricia Meredith, one of the two authors who won the $50,000 prize for best public policy book announced last week.

Deborah Donner, left, governor of the Donner Canadian Foundation, with winners James Darroch and Patricia Meredith, and foundation chair Ken Whyte on stage after the 2017-18 Donner Prize was announced on May 15 in Toronto. Photograph courtesy of Will Pemulis

Feature

BY SHRUTI SHEKAR

May 21, 2018

Following their Donner Prize win on May 15 for the best public policy book by a Canadian author, Patricia Meredith and James Darroch say their hope is for the banking industry to adapt to new payment technology especially to help small- and medium-sized businesses.

The ...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Tuesdays: Innovation & Industry Newsletter

The policies, decisions, and people working on investment and regulation in the industry and innovation realm.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy