Coronavirus Usa Germany Canada Banks Loans Coronavirus Usa Germany Canada

COMMENTARY: Why Canada needs better public banks following the COVID-19 pandemic

Alberta Treasury Branch, the Business Development Bank, the Export Development Canada and the Canada Infrastructure Bank — but they are relatively low profile and have narrow mandates.This is a shame.

Much more could be done with them. In many parts of the world, public banks play a critical role in addressing major social, economic and environmental challenges (such as Germany’s transition to renewable energy), offering everything from retail services in remote communities to multi-billion-dollar financing for transformative projects. (Oct.

1, 2020) Trudeau pledges $10B he says will create 60K jobs in infrastructure, clean tech There are more than 900 public banks around the world, with combined assets of about US$49 trillion.

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