Study
| EST. READ TIME 1 MIN.Provincial Government Banks: A Case Study of Regional Response to National Institutions
Can national financial institutions, such as banks, function in a country as regionally diverse as Canada without seeming to discriminate between the regions? Were the complaints of the four Western Premiers at the Western Economic Opportunities Conference in Calgary in 1973 justified? If there is discrimination, would the proposed provincial government B.C. Savings and Trust super bank provide relief from it? What would be the cost of such relief?
This book considers a very real and specific aspect of the sharing of regulatory power within Confederation. The results of the study indicate that national policies, pursued either by governments or by private sector firms, may well produce different results in different regions. This regional diversity is often interpreted as discrimination and because of it provincial governments are sometimes let to take countervailing action. The concept of a provincial government bank is one such response.
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John Benson
John N. Benson was born in Vancouver, B.C. in 1942. He received his Bachelor of Arts degree from the Universityof British Columbia in 1964, and his M.A. and Ph.D. degrees from Queen's University in 1967 and 1974, respectively.After completing his course of study at Queen's University, Professor Benson joined the Department of Economics at the University of Guelph in the capacity of lecturer. Professor Benson's research interests being in the area of Canadian banking, he left academia for two years to acquire first hand experience with a banking institution. During 1972 and 1973 Professor Benson was employed by the Royal Bank of Canada and when he left in 1974 to return to the University of Guelph, was Senior Economist at the bank.Currently, Professor Benson is Assistant Professor of Economics at the University of Guelph and is working on a text book to be published during 1978 by Methuen of Canada. His current research work relates to various aspects of the structure, operation and performance of the Canadian banking system.… Read more