Thursday, February 4, 2010

Canadian banks seek changes to Canadian Bank Regulations to permit banks to own and operate businesses that have nothing to do with banking

Canada's banks to retool North America's industry into a clean energy, green economy
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Banks must be allowed to invest outside of banking. Canada has unofficial bank regulations that limit bank growth to banking.

Basically, banks do better to grow outside of banking. Key Bank Regulation: is that the banks themselves reduce their influence in other business sectors through share splits. Non banking industries developed by the banks are made into new public companies and shares given to bank shareholders. Awesome for bank shareholders. Bank, non banking share splits seed new stocks for stock market. Regulation includes that, there will be no bank mergers. Two banks can invest more than a combined bank.

Canada's banks are positioned very well to invest in other industries.

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