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.
Minister of Finance Chrystia Freeland with Governor of the Bank of Canada Tiff Macklem on Dec. 13, 2021. Freeland succeeded Bill Morneau as finance minister mid-pandemic, as the government continued to dispense federal income support programs. The Hill Times photograph by Andrew Meade