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The Financial Services Sector: Past Changes and Future Prospects

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Author Info
Freedman, C.
Goodlet, C.
Abstract

The financial service industry has been undergoing significant change in recent years. This paper analyzes some key developments affecting the industry and examines some important issues facing the industry and its regulators. Changes discussed include the way services are provided, the instruments used to provide servces, and the nature of the financial service providers. Factors driving these changes include technological developments, the changing role of competition, and demographically led changes in household portfolios.

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File URL: http://www.bankofcanada.ca/en/res/tr/1998/tr82.pdf
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Publisher Info
Paper provided by Bank of Canada in its series Technical Reports with number 82.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 41 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:bca:bocatr:82

Contact details of provider:
Postal: 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada
Phone: 613 782-8899
Fax: 613 782-8874
Web page: http://www.bank-banque-canada.ca/

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Postal: Publications Distribution, Bank of Canada, 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada
Email:
Web: http://www.bank-banque-canada.ca/en/publication/pub_res.html

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Related research
Keywords: CANADA ; REGULATION ; FINANCIAL INSTITUTIONS;

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Find related papers by JEL classification:
G2 - Financial Economics - - Financial Institutions and Services
G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. E.P. Davis, 1996. "The Role of Institutional Investors in the Evolution of Financial Structure and Behaviour," FMG Special Papers sp89, Financial Markets Group. [Downloadable!] (restricted)
    Other versions:
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Charles Freedman & Clyde Goodlet, 2002. "The Financial Services Sector: An Update on Recent Developments," Technical Reports 91, Bank of Canada. [Downloadable!]
  2. Christian Calmès, 2004. "Regulatory Changes and Financial Structure: The Case of Canada," Working Papers 04-26, Bank of Canada. [Downloadable!]
    Other versions:
  3. Freedman, C., 1998. "The Canadian Banking System," Technical Reports 81, Bank of Canada. [Downloadable!]
  4. Jason Allen & Ying Liu, 2005. "Efficiency and Economies of Scale of Large Canadian Banks," Working Papers 05-13, Bank of Canada. [Downloadable!]
    Other versions:
  5. Danny Leung & Terence Yuen, 2005. "Labour Market Adjustments to Exchange Rate Fluctuations: Evidence from Canadian Manufacturing Industries," Working Papers 05-14, Bank of Canada. [Downloadable!]
Statistics
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This page was last updated on 2009-12-2.

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