Freedom fighters
CANADIANS do not greatly love their banks. The immensity of these institutions, not to mention their vast profits, makes people suspicious. The government has tried to hem the banks in. Slowly but surely, however, the six institutions that control Canadian banking are getting the message across that strong is better than weak—and that Canadian is better than American.
This article appeared in the Finance & economics section of the print edition under the headline “Freedom fighters”
From the July 19th 1997 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer