Bank of Canada calls for more competition in banking sector
The Bank of Canada is urging the government to inject much-needed competition into the banking sector, a move that the bank says could provide relief for Canadians grappling with a sluggish economy.
The Bank of Canada is urging the government to inject much-needed competition into the banking sector, a move that the bank says could provide relief for Canadians grappling with a sluggish economy. The central bank’s senior deputy governor recently slammed the current banking industry as an “oligopoly.”
Senior Deputy Governor Ca…
