From Wall Street to Bay Street: The Origins and Evolution of American and Canadian Finance (Rotman-Utp Publishing) by Joe Martin, Chris Kobrak
English | April 25th, 2018 | ASIN: B07C756WJY, ISBN: 144264821X, 1442616253 | 416 Pages | EPUB | 3.46 MB
The 2008 financial crisis rippled across the globe and triggered a worldwide recession. Unlike the American banking system which experienced massive losses, takeovers, and taxpayer funded bailouts, Canada’s banking system withstood the crisis relatively well and maintained its liquidity and profitability. The divergence in the two banking systems can be traced to their distinct institutional and political histories.