Abstract
In the wake of the 2008 financial crisis, international observers praised the stability of Canada's banks. When financial institutions in the United States and the United Kingdom collapsed, Canada did not experience any bank failures. The World Economic Forum'sGlobal Competitiveness Reportrated Canada's banking system as the most sound in the world. Historically, bank failures have been quite rare in Canada. Some authors argue that the stabilizing features of Canada's financial system were established in the first five years after the creation of the Canadian nation-state in 1867. This paper will examine the making of the Canadian banking law in 1871, an event widely regarded as a crucial turning point in Canadian financial history.
Publisher
Cambridge University Press (CUP)
Subject
History,Business, Management and Accounting (miscellaneous)
Reference160 articles.
1. Sir Hugh Allan;Young;Dictionary of Canadian Biography
2. The Crédit Mobilier Scandal and the Supreme Court: Corporate Power, Corporate Person, and Government Control in the Mid-nineteenth Century
3. New York Times.
4. Sir John A. Macdonald;Johnson;Dictionary of Canadian Biography
Cited by
10 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献
1. Preface;Banks on the Brink;2020-02-20
2. Index;Banks on the Brink;2020-02-20
3. Policy Responses;Banks on the Brink;2020-02-20
4. Finanzplatz Deutschland;Banks on the Brink;2020-02-20
5. O Canada? Unraveling the Mystery of Canadian Bank Stability;Banks on the Brink;2020-02-20