150 Years of Canadian Banking and a Look Into the Future

Описание: The Canadian Banking System has a stellar international reputation. This is NOT because of recent developments but rather it is because the Fathers of Confederation, based on their observations of the American Banking System, opted for banking as a Federal function NOT state nor provincial. Having made that decision they rejected the proposed 1869 legislation modeled on the American National Bank Acts and came up with a unique Canadian system. This was one of the greatest achievements of the Macdonald government, and arguably far more important than the protective tariff or the construction of the CPR. And yet few historians, other than Arthur Lower, even mention it.

Moderator:
Janet Ecker, former Ontario Minister of Finance & former CEO of TFSA

Panelists:
Joe Martin, President of CBHA/ACHA and co-author of From Wall Street to Bay Street, The Origins and Evolution of American and Canadian Finance.
Professor James Darroch, CIT Chair in Financial Services Schulich School of Business, and author of Canadian Banks and Global Competition.

Chapters:
00:00:00 - Introduction to the Bank Act and Canadian Banking
00:06:57 - The Influence of Alexander Hamilton on Canadian Banking History
00:13:48 - The Impact of the Bank Bill
00:20:32 - The Failure of the Canadian Banking System
00:26:47 - Problems with Wholesale Funding and Banking
00:33:32 - The Evolution of the Regulatory Framework
00:39:47 - The Changing Landscape of Banking
00:45:54 - The Future of Central Bank Digital Currencies
00:52:15 - Stability in the Canadian Banking System
00:58:42 - The Best

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