Chapter 14 Overview of Developments in Canadian Financial Services Law
Author: BRADLEY CRAWFORD
Language:
English
Keywords:
BOOK; independence of central banks; chapter; bank; independence; country; credit policy; bank supervisor; EC treaty; bank regulator; banking regulator; Legal support in revenue administration; Foreign banks; Government securities; Securities markets; Commercial banks; Global; Central and Eastern Europe; Eastern Europe; Europe; Caribbean

Abstract

Domestic Canadian banking is based on the U.K. model: a small number of relatively large banks. The six big banks have combined assets of about $600 billion Canadian and over 7,500 branches and 10,000 automatic teller machines in about 1,700 communities throughout Canada. There are about 35 million personal savings accounts. Only one of the Canadian banks appears in the list of the world’s 50 biggest banks, but that makes it very big relative to most Canadian businesses. The banks are very influential in the Canadian economy.

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Cover Current Legal Issues Affecting Central Banks, Volume III.
Current Legal Issues Affecting Central Banks, Volume III.
Volume III.
Author: Mr. Robert C. Effros
ISBN:
9781557754981
Publication Date:
03 Aug 1995
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557754981.071
Pages:
679