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Efficiency and Competition in Canadian Banking

Allen and Engert report on recent research at the Bank of Canada on various aspects of efficiency in the Canadian banking industry. This research suggests that, overall, Canadian banks appear to be relatively efficient producers of financial services and they do not exercise monopoly or collusive-oligopoly power. The authors note the value of continuing to investigate opportunities to improve efficiency and competition in financial services in Canada.

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Article provided by Bank of Canada in its journal Bank of Canada Review.

Volume (Year): 2007 (2007)
Issue (Month): Summer ()
Pages: 33-45

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Handle: RePEc:bca:bcarev:v:2007:y:2007:i:summer07:p:33-45
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