The speeches are free of charge but please note that the Empire Club of Canada retains copyright. Neither the speeches themselves nor any part of their content may be used for any purpose other than personal interest or research without the explicit permission of the Empire Club of Canada.
An outline of the speaker's views concerning the key forces that are shaping the legislative and regulatory framework. Mergers between big banks in Quebec and Ontario. Three important currents that characterize the national legislative and regulatory framework. Political dimensions. Public policy objectives that guide elected officials and civil servants when they set up the laws and regulations governing the industry. The importance attached to these objectives. The factors that helped banks grow during the post-war period. Some history. Some facts and figures about the financial industry and services and the differences between Ontario and Quebec. Implications of the current landscape for banks. Public policy considerations. Some words on the bank-insurance model. Conclusions.