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The Banking Oligopoly We Deserve? (Peter Nowak) (shareapod.com)
submitted 1 day ago by to c/canada@lemmy.ca
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Peter Nowak of donotpassgo.ca podcast interviews Globe and Mail personal finance columnist Rob Carrick regarding new measures in the industry, Mark Carney’s approach to banking, and why Canadians’ reluctance to switch banks helps maintain the oligopoly.

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[–] 4 points 1 day ago*

We should be using credit unions and bring back provincial banks like POSO https://en.wikipedia.org/wiki/Province_of_Ontario_Savings_Office

Ironically only Alberta has a crown corporation for banks called ATB https://www.atb.com/ .

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