Money, Banking &Finance

BECN 250

The project involves a thorough understanding of the Canadian Banking structure and regulation and comparing the model to other countries. Answer the following questions as a guide to the project.

1. Compare the working of the Bank of Canada with the Bank of England, Federal Reserve System and the European Central Bank. Which of these is the Bank of Canada most similar to?

2. Compare the Canadian banking structure with 1 G8 country (except the USA) & another country from Asia/Africa with regards to size, ownership and functions.

3. Compare any two of the top five Canadian banks concerning their customer base, size of assets, break up of assets and their international exposure.

4. What are the major changes in the banking landscape in Canada as a result of the Bank Act of 2001?

5. How are Canadian banks regulated? In your opinion, are they overregulated or did regulation keep us relatively insulated from the financial meltdowns?

6. How would you rank Canadian banks as a role model for modern banks worldwide?

The evaluation will be based on factual information, opinions and depth of analysis. with bibliography and appendices.