Canada’s population advantage offset by weak productivity
The Office of the Superintendent of Financial Institutions, Canada’s bank regulator, is signalling it’s concerned a prolonged downturn is a distinct possibility, which is currently not a best-case scenario for the Bank of Canada, the Government of Canada, or most bank economists.
Canada’s financial sector is more than six big banks
There is a tendency in Ottawa to see the ‘financial sector’ as consisting of six institutions, but this excludes many smaller players.
