Canada NBFI
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Canada’s Big Six Banks: Business Models, Market Position, and Capital Markets Role
Canada’s banking sector is famously concentrated: six “Big Banks” – RBC, TD, BMO, Scotia, CIBC and National Bank – dominate the system. As a newcomer to Canada, I’ve been struck by how stable and interconnected these institutions are. In fact, Canada’s financial system is consistently ranked among the world’s safest, thanks largely to the Big…