Canada’s Banks
Why is Canada’s banking system better than ours? Professor of Economics Mark J. Perry tells why.
Canada’s banks are generally ranked as the safest and soundest in the world, and their non-politicized banking system could provide a model for banking reform in the United States. Moving towards the Canadian banking system could go a long way towards stabilizing our mortgage, credit, and housing markets and make us less vulnerable to financial shocks in the future.
