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Articles on Banks

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Both climate change and policies to prevent it can rattle the economy. Citizen of the Planet/Education Images/Universal Images Group via Getty Images

The next big financial crisis could be triggered by climate change – but central banks can prevent it

It isn’t just the effects of climate change that could destabilize the financial system, it’s also fossil fuel assets losing value. The good news is that central banks can fix it.
Public banks around the world are working towards the public good during COVID-19. The Canada Infrastructure Bank, however, seems focused on privatizing critical public services instead of ensuring vital infrastructure across the country is built or maintained, like this project to repair the bridge spanning the Halifax harbour in 2017. THE CANADIAN PRESS/Andrew Vaughan

COVID-19 illustrates why Canada needs more — and better — public banks

Canada doesn’t have many public banks. The best known, the Canada Infrastructure Bank, seems intent on privatizing critical public services instead of working towards the public good.
In an era of data breaches and privacy intrusions, the majority of Canadians want paper bills. So why aren’t organizations listening to them? (Shutterstock)

A plea to businesses: Don’t take away our paper bills!

In an era of data breaches and data privacy concerns, governments should enshrine in law a requirement for companies and banks to send paper bills and statements in order to protect consumers.

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