American vs. Canadian Banking Sectors
$19.95 Buy and instantly download this paper now
The paper explains that the American banking sector embraces capitalism in all its untidiness; the Canadian banking sector appears to be cautious in terms of loans, in terms of leveraging, and in terms of what sorts of assets will be held by banks. All in all, the Canadian ideology is summed up as cautious capitalism (with possibly a socialist aspect insofar as the government has historically been active in nation-building and in getting public money directed towards nation-building initiatives such as infrastructural developments).
From the Paper:"Amidst a global credit crunch and fears about the viability of the financial sector in many countries, the World Economic Forum ranked Canada's banking system as the healthiest in the world. What are the ideological influences that have shaped the Canadian banking system? Contrast the Canadian approach with the American approach. Answer: To get straight to the heart of the matter, the American banking sector embraces capitalism in all its untidiness; the Canadian banking sector..."
Cite this Comparison Essay:
American vs. Canadian Banking Sectors (2009, December 01) Retrieved December 09, 2019, from https://www.academon.com/comparison-essay/american-vs-canadian-banking-sectors-144410/
"American vs. Canadian Banking Sectors" 01 December 2009. Web. 09 December. 2019. <https://www.academon.com/comparison-essay/american-vs-canadian-banking-sectors-144410/>