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Eye on the home Canadians should be happy banking system is making money
The piece argues against bank-bashing, noting Canada’s six large banks report strong after tax profits and pay substantial taxes. It highlights ROE around 14-17 percent for the Big Six, compares to U.S. peers, and cites Steinbach Credit Union growth under Mal Anderson and George Epp. It also criticizes executive pay at major banks versus credit unions.
MENTIONED IN THIS ARTICLE
CBC
Canada
Revenue Canada
United States
The
Royal
CIBC
Montreal
Scotiabank
National
Credit Union Movement
Mal Anderson
Credit Union Central of
Manitoba
Steinbach Credit Union
U.S