News in Review Bank Mergers: Is Bigger Better?

News in Review Bank Mergers: Is Bigger Better?

A report conducted on behalf of the federal government of Canada examining all aspects of Canada’s financial services sector has come down on both sides of the political fence. The report is especially relevant in light of the declaration of four of Canada’s largest banks to merge, thus increasing substantially their financial control over the Canadian economy. Using the report as a point of departure, this story raises important questions such as who determines how the Canadian banking system is to be structured, to what extent the large banks represent a monopoly in the financial affairs of Canadians, and to what extent mergers are a necessity in the new world economic order.

  • 1998
  • 00:15:31
  • 13-14
  • Added on: 11/15/1998
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Metadata

Edition
November 1998
Subjects
Bank mergers -- Canada [LCSH] Banks and banking, Canadian [LCSH] Financial institutions -- Canada [LCSH] Consolidation and merger of corporations -- Canada [LCSH] Social sciences [LCSH] Economics [LCSH] Canada -- History [LCSH]
Team
Knowlton Nash (Host), Susan Bonner (Journalist), Eric Sorensen (Journalist), Michael McAuliffe (Journalist), Tassie Notar (Journalist)
Closed captioning
Available
MARC Record
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Teacher Guide(s)

  • Bank Mergers: Is Bigger Better?

    Bank Mergers: Is Bigger Better?

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