You may not think Canada’s financial system has much in common with Europe’s. Ours is strong, Europe’s isn’t. Ours didn’t need bailouts, Europe’s did.
But there’s a big issue in which we share some common ground: the push for a single regulator.
Here in Canada, the battle has been fought for decades. Some provinces, like Ontario, think a single governing body is necessary, while others, like Quebec, would rather go it alone.