Canada’s financial sector is not robust, but the federal government can fix that
A robust system can withstand pressure, because it doesn’t put all its eggs in just a few baskets. As it happens, Canada’s financial sector is little more than a few egg-stuffed baskets.
Canada’s financial sector seems robust—until it isn’t. More than a decade ago, when banks failed south of the border and set off a global financial storm, Canada’s financial system weathered it. But its strength was tested again last month, when many people were unable to pay for groceries, ...
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