Quote from: Bauer on Today at 01:05:53 PMThe American trade position often seems to target any industry of regulation as a trade barrier. There's nothing stopping a bank from becoming chartered banks other than compliance.
Whether or not that regulation needs change is another question, but I happen to think some regulation is essential and Canada escaping recent financial crises is proof of that.
Same deal with dairy. I don't know the full scope, but it seems logical to have some supply control and stability.


Quote from: crazy canuck on Today at 12:17:19 PMHow many banks and other financial institutions, do you think there are in Canada?
I mean, I suppose you answered that question when you started the first sentence by saying you don't know. But maybe you were just being sarcastic?
QuoteI know that your president stated that he thought the banking industry in Canada was a protected cartel of sorts. Back then I explained why that was completely false. I'm a bit surprised to see that both you and Jacob are falling into line with the Trump's rhetoric.
Quote from: Valmy on Today at 12:08:39 PMQuote from: crazy canuck on Today at 12:04:33 PMHow is banking a cartel?
I don't know. There being so few of them is usually not encouraging.
I liked that little part about how the Canadian banks avoided the economic crisis since my Father, who loved banking with RBC and was very conservative in his investment philosophy, frequently cited that![]()
Quote from: crazy canuck on Today at 12:04:33 PMHow is banking a cartel?
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