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How Banks Controls the Movement of Money in Canada

How Banks Controls the Movement of Money in Canada

Policy Options | Alex Vronces | June 7, 2022 In the early 2000s, the federal government convened a task force to review [why the banks have disproportionate influence over moving money in Canada]. The findings? Canada’s payment systems were still “controlled by Canada’s major banks and other key institutions,” whose “interests are best-served by keeping


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