Canada’s financial sector is more than six big banks

There is a tendency in Ottawa to see the 'financial sector' as consisting of six institutions, but this excludes many smaller players.

Minister of Finance Chrystia Freeland with Governor of the Bank of Canada Tiff Macklem on Dec. 13, 2021. Freeland succeeded Bill Morneau as finance minister mid-pandemic, as the government continued to dispense federal income support programs. The Hill Times photograph by Andrew Meade

Opinion

BY MICHAEL HATCH

November 17, 2022

The past 32 months have seen innovative policymaking from all levels of government as we have confronted the challenge of the pandemic. Inevitably, some of these policies have worked better than others. Broadly speaking, however, most should agree that federal income support...

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